Macys Standard Deviation

M -- USA Stock  

USD 30.80  1.03  3.24%

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Macys has current Standard Deviation of 2.78. The Standard Deviation is a measure of how spread out the prices or returns of asset are on average. It is the most widly used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instrument or portfolio of equities.
Macys 
Standard Deviation 
=  
SQRT(V) 
 = 
2.78
SQRT =   Square root notation
V =   Variance of Macys returns

Standard Deviation Comparison

Macys is rated below average in standard deviation category among related companies. It is regarded fifth in maximum drawdown category among related companies reporting about  4.42  of Maximum Drawdown per Standard Deviation.
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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