Paranovus Entertainment Standard Deviation
| PAVS Stock | | | 1.17 0.06 5.41% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is Paranovus Entertainment's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
A Standard Deviation of 15.33 for Paranovus Entertainment signals elevated price variability. This places Paranovus Entertainment toward the higher end of the volatility range for Packaged Foods & Meats.
Standard Deviation | = | SQRT(V) |
| = | 15.33 | |
Standard Deviation Peers Comparison
Paranovus Entertainment falls above the 6.32 peer average for Standard Deviation. CIMG Inc leads at 15.34 while Farmer Bros Co registers the lowest at 2.75. Paranovus Entertainment has exhibited greater price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for Paranovus Entertainment and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Standard Deviation (
15.33 ) to Maximum Drawdown (
136.15 ) for Paranovus Entertainment yields a
8.88 multiple. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Paranovus Entertainment.
Methodology, Assumptions & Data Sources
Paranovus Entertainment's Standard Deviation currently stands at 15.33. Standard Deviation for Paranovus Entertainment is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Paranovus Entertainment operates in the consumer defensive sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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