Northern Quality Standard Deviation

NUESX Fund  USD 18.29  0.05  0.27%   
Northern Quality standard-deviation technical analysis lookup allows you to check this and other technical indicators for Northern Quality Esg 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
  
Northern Quality Esg has current Standard Deviation of 0.7679. 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)

 = 
0.7679
SQRT = Square root notation
V =   Variance of Northern Quality returns

Northern Quality Standard Deviation Peers Comparison

Northern Standard Deviation Relative To Other Indicators

Northern Quality Esg is regarded third largest fund in standard deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  5.77  of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Northern Quality Esg is roughly  5.77 
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.
Compare Northern Quality to Peers

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 Thematic Ideas
Explore Investing Ideas