State Street Standard Deviation
| SSBYX Fund | | | USD 14.79 0.06 0.41% |
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 State Street's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The current Standard Deviation of 0.6342 places State Street at low price variability. This places State Street at the lower end of the volatility range for Mutual Fund Funds.
Standard Deviation | = | SQRT(V) |
| = | 0.6342 | |
Standard Deviation Peers Comparison
State Street falls below the 0.8 peer average for Standard Deviation. Janus Trarian Fund leads at 1.6 while Fidelity Freedom 2010 registers the lowest at 0.424. State Street has exhibited less 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 State Street 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.
State Street's Maximum Drawdown of
2.69 runs about
4.24 times its Standard Deviation of
0.63 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for State Street.
Methodology, Assumptions & Data Sources
State Street has a current Standard Deviation reading of 0.6342. Standard Deviation for State Street is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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