SCHWAB HEALTH Standard Deviation
| SWHFX Fund | | | USD 23.94 -0.07 -0.29% |
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 SCHWAB HEALTH's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
SCHWAB HEALTH has a Standard Deviation of 0.9711, indicating low price variability. This places SCHWAB HEALTH at the lower end of the volatility range for Schwab Funds.
Standard Deviation | = | SQRT(V) |
| = | 0.9711 | |
Standard Deviation Peers Comparison
Relative to peers, SCHWAB HEALTH's Standard Deviation is above the group average of 0.29. Peer readings range from 0.243 (Invesco Government Fund) to 0.3206 (Government High Quality), reflecting tight clustering across the sector. SCHWAB HEALTH 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 Schwab Health 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.
SCHWAB HEALTH's Maximum Drawdown of
3.83 runs about
3.95 times its Standard Deviation of
0.97 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for SCHWAB HEALTH.
Methodology, Assumptions & Data Sources
SCHWAB HEALTH's Standard Deviation currently stands at 0.9711. The Standard Deviation for SCHWAB HEALTH applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. SCHWAB HEALTH operates in the health sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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