LocalBitcoins Bitcoin Standard Deviation

LOCALBIBTC -- Cryptlandia Crypto  

USD 9,825  1,606  14.05%

LocalBitcoins Bitcoin standard-deviation technical analysis lookup allows you to check this and other technical indicators for LocalBitcoins Bitcoin USD 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
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LocalBitcoins Bitcoin USD has current Standard Deviation of 16.97. 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.
Standard Deviation 
=  
SQRT(V) 
 = 
16.97
SQRT =   Square root notation
V =   Variance of LocalBitcoins Bitcoin returns

Standard Deviation Comparison

LocalBitcoins Bitcoin USD cannot be rated in Standard Deviation category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  6.27  of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for LocalBitcoins Bitcoin USD is roughly  6.27 
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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