Dollar General Standard Deviation vs. Total Risk Alpha

DGCO34 Stock  BRL 19.33  0.05  0.26%   
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Dollar General has current Standard Deviation of 2.12. 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.

Standard Deviation

=

SQRT(V)

 = 
2.12
SQRT = Square root notation
V =   Variance of Dollar General returns

Dollar General Standard Deviation Peers Comparison

Dollar Standard Deviation Relative To Other Indicators

Dollar General is rated # 5 in standard deviation category among its peers. It is currently under evaluation in total risk alpha category among its peers reporting about  0.01  of Total Risk Alpha per Standard Deviation. The ratio of Standard Deviation to Total Risk Alpha for Dollar General is roughly  70.82 
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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