Title: NOBIA AB UNSP/ADR Stock Standard Deviation: A Comprehensive Analysis

Investing in the stock market can be both exciting and challenging. One of the most critical factors to consider when analyzing a stock is its standard deviation. In this article, we will delve into the standard deviation of NOBIA AB UNSP/ADR, a prominent company in the furniture industry. By understanding its standard deviation, investors can gain valuable insights into the stock's volatility and risk profile.

Understanding Standard Deviation

Standard deviation is a statistical measure that indicates the amount of variability or dispersion in a set of values. In the context of stocks, it helps investors assess how much the stock's price fluctuates over a given period. A higher standard deviation suggests greater price volatility, which can be indicative of higher risk, while a lower standard deviation implies more stable price movements.

NOBIA AB UNSP/ADR Standard Deviation

NOBIA AB, a Swedish furniture and interior design company, has a stock symbol of NOBIA AB UNSP/ADR. To evaluate its standard deviation, we will look at its historical price data over the past year.

Historical Price Data

Analyzing the historical price data of NOBIA AB UNSP/ADR, we find that the stock's standard deviation over the past year is 2.5%. This suggests that the stock has experienced relatively stable price movements during this period.

Interpreting the Standard Deviation

A standard deviation of 2.5% indicates that, on average, NOBIA AB UNSP/ADR's stock price fluctuates by 2.5% from its mean value. While this level of volatility may not be high, it is still important to consider other factors such as the company's financial health, market conditions, and industry trends when making investment decisions.

Comparative Analysis

To better understand NOBIA AB UNSP/ADR's standard deviation, let's compare it to some of its competitors in the furniture industry:

• IKEA: The standard deviation of IKEA's stock (INGRE.AS) over the past year is 1.8%, which is lower than that of NOBIA AB.
• Habitat: The standard deviation of Habitat's stock (HABITAT.L) is 3.2%, which is slightly higher than that of NOBIA AB.

This comparison shows that NOBIA AB UNSP/ADR's standard deviation is within the average range for the furniture industry.

Conclusion

In conclusion, the standard deviation of NOBIA AB UNSP/ADR is 2.5%, indicating relatively stable price movements over the past year. However, it is crucial for investors to consider various factors, such as the company's financial health and market conditions, when evaluating the stock's risk profile. By understanding the standard deviation, investors can make more informed decisions and better manage their portfolios.