Standard Deviation
The FMP Standard Deviation endpoint provides the standard deviation of a security's closing price over a specified period of time. Standard deviation is a measure of the volatility of a security's price movements.
A higher standard deviation indicates that the security's price is more volatile, while a lower standard deviation indicates that the security's price is less volatile.
The FMP Standard Deviation endpoint is a valuable tool for investors who need to:
Measure the volatility of a security's price movements
Identify risky and less risky securities
Develop trading strategies based on risk toleranceParameters