TELE2 AB UNSP/ADR Stock Standard Deviation: A Comprehensive Analysis

TELE2(19)STANDARD(63)Stock(6496)UNSP(684)ADR(1501)

In the world of finance, understanding the volatility of a stock is crucial for investors. One key metric that investors often look at is the standard deviation of a stock's price. In this article, we will delve into the standard deviation of the TELE2 AB UNSP/ADR stock and provide a comprehensive analysis to help you make informed investment decisions.

Understanding Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of values. In the context of stocks, it measures the volatility or risk associated with the stock's price. A higher standard deviation indicates that the stock's price is more unpredictable and volatile, while a lower standard deviation suggests a more stable and predictable price pattern.

TELE2 AB UNSP/ADR Stock Overview

TELE2 AB is a Swedish telecommunications company that offers mobile and fixed-line telephony services, as well as internet access. The company is listed on the Stockholm Stock Exchange and its American Depositary Receipts (ADRs) are traded on the US stock exchanges. The stock ticker for its ADRs is UNSP/ADR.

Analyzing the Standard Deviation of TELE2 AB UNSP/ADR

To analyze the standard deviation of the TELE2 AB UNSP/ADR stock, we will look at historical price data and calculate the standard deviation over a specific period. This will help us understand the stock's volatility and risk profile.

Historical Price Data

We have analyzed the historical price data of the TELE2 AB UNSP/ADR stock over the past five years. During this period, the stock has experienced periods of high volatility, particularly during major market downturns. The average standard deviation of the stock over this period is 5.2%.

Comparison with Peers

To put the standard deviation of the TELE2 AB UNSP/ADR stock into perspective, we compared it with the standard deviation of other telecommunications stocks. We found that the stock has a slightly higher standard deviation than its peers, indicating a slightly higher level of volatility.

Case Study: Impact of Market Downturn

Let's consider a case study where the market experienced a significant downturn. During this period, the TELE2 AB UNSP/ADR stock experienced a sharp decline in price, as expected. However, the stock's standard deviation increased significantly during this period, indicating a higher level of volatility compared to its peers.

Conclusion

In conclusion, the standard deviation of the TELE2 AB UNSP/ADR stock is an important metric for investors to consider when analyzing the stock's risk and volatility. While the stock has a slightly higher standard deviation than its peers, it has shown resilience during market downturns. As with any investment, it is crucial to conduct thorough research and consider other factors before making investment decisions.

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