Hana Materials Standard Deviation vs. Total Risk Alpha

166090 Stock  KRW 22,850  150.00  0.65%   
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Hana Materials has current Standard Deviation of 2.72. 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)

 = 
2.72
SQRT = Square root notation
V =   Variance of Hana Materials returns

Hana Materials Standard Deviation Peers Comparison

Hana Standard Deviation Relative To Other Indicators

Hana Materials is rated below average in standard deviation category among its peers. It is rated below average in total risk alpha category among its peers .
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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