FlexShares Morningstar Standard Deviation
| TLTE ETF | | | USD 78.04 1.92 2.52% |
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 FlexShares Morningstar's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
FlexShares Morningstar carries a Standard Deviation of 1.68, consistent with moderate price variability. This places FlexShares Morningstar within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 1.68 | |
Standard Deviation Peers Comparison
Among sector peers, FlexShares Morningstar's Standard Deviation of 1.68 is above the 1.29 group average. The range runs from 0.8241 (Pacer Lunt Large) to 1.85 (Dimensional ETF Trust). FlexShares Morningstar 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 FlexShares Morningstar 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.
With Standard Deviation at
1.68 and Maximum Drawdown at
6.53 , FlexShares Morningstar shows a
3.89 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Standard Deviation for FlexShares Morningstar.
Methodology, Assumptions & Data Sources
The current Standard Deviation for FlexShares Morningstar is 1.68. FlexShares Morningstar's Standard Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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