CECO ENVIRONMENTAL Standard Deviation
| WCE Stock | | | 66.90 0.30 0.45% |
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 CECO ENVIRONMENTAL's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
CECO ENVIRONMENTAL's Standard Deviation of 3.81 reflects moderate price variability. This places CECO ENVIRONMENTAL within the typical volatility range for Diversified Metals & Mining.
Standard Deviation | = | SQRT(V) |
| = | 3.81 | |
Standard Deviation Peers Comparison
Among sector peers, CECO ENVIRONMENTAL's Standard Deviation of 3.81 is above the 2.96 group average. The range runs from 1.61 (FLOW TRADERS LTD) to 4.03 (Tencent Music Entertainment). CECO ENVIRONMENTAL 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 CECO ENVIRONMENTAL 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 (
3.81 ) to Maximum Drawdown (
21.36 ) for CECO ENVIRONMENTAL yields a
5.60 multiple. This indicates Maximum Drawdown substantially exceeds Standard Deviation for CECO ENVIRONMENTAL.
Methodology, Assumptions & Data Sources
The current Standard Deviation for CECO ENVIRONMENTAL is 3.81. The Standard Deviation for CECO ENVIRONMENTAL is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. CECO ENVIRONMENTAL operates in the materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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