Wrapped EETH Standard Deviation

WEETH Crypto  USD 3,828  66.76  1.71%   
Wrapped EETH standard-deviation technical analysis lookup allows you to check this and other technical indicators for Wrapped eETH or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Wrapped eETH has current Standard Deviation of 3.68. 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)

 = 
3.68
SQRT = Square root notation
V =   Variance of Wrapped EETH returns

Wrapped EETH Standard Deviation Peers Comparison

Wrapped Standard Deviation Relative To Other Indicators

Wrapped eETH cannot be rated in Standard Deviation category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  4.42  of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Wrapped eETH is roughly  4.42 
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas