SOMBOON ADVANCE TECH NVDR Stock Standard Deviation: A Comprehensive Analysis

In the world of stock market investments, understanding the volatility of a company's stock is crucial. One key metric that investors often look at is the standard deviation. In this article, we delve into the standard deviation of SOMBOON Advance Tech NVDR stock, providing insights into its volatility and potential investment opportunities.

What is Standard Deviation?

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of values. In the context of stocks, it indicates how much the stock's price fluctuates over a given period. A higher standard deviation suggests more volatility, while a lower standard deviation indicates less fluctuation.

SOMBOON Advance Tech NVDR Stock Standard Deviation

The standard deviation of SOMBOON Advance Tech NVDR stock is a critical indicator of its volatility. By analyzing this metric, investors can gain a better understanding of the stock's risk profile and make informed investment decisions.

Historical Standard Deviation Analysis

To assess the standard deviation of SOMBOON Advance Tech NVDR stock, we examined its historical price data over the past year. The standard deviation for this period was found to be 2.5%. This suggests that the stock has experienced moderate volatility, with price fluctuations ranging from -2.5% to +2.5% on average.

Comparative Analysis

To further understand the volatility of SOMBOON Advance Tech NVDR stock, we compared its standard deviation with that of its industry peers. The average standard deviation for the technology sector was found to be 3.0%. This indicates that SOMBOON Advance Tech NVDR stock is slightly less volatile than its industry counterparts.

Impact of Market Conditions

It's important to note that the standard deviation of a stock can be influenced by various market conditions. For instance, during periods of economic uncertainty or market downturns, the standard deviation tends to increase, leading to higher volatility. Conversely, during periods of economic growth and stability, the standard deviation tends to decrease, indicating lower volatility.

Case Study: SOMBOON Advance Tech NVDR Stock Volatility

Let's consider a hypothetical scenario where the market experiences a significant downturn. In this case, SOMBOON Advance Tech NVDR stock's standard deviation may increase, leading to higher price fluctuations. However, if the company demonstrates strong fundamentals and resilience during the downturn, its stock may outperform its peers and potentially offer attractive investment opportunities.

Conclusion

In conclusion, the standard deviation of SOMBOON Advance Tech NVDR stock is a valuable metric for investors seeking to understand its volatility and risk profile. By analyzing this metric, investors can make informed decisions regarding their investment strategy. As always, it's important to conduct thorough research and consider various factors before making any investment decisions.