Definition of Standard Deviation

Excerpts from "Building Wealth with Managed Futures"

"Standard deviation is one way to look at consistency of returns. It measures the degree by which the monthly returns vary from the average (mean) return." page 42

Detailed information on this and other statistical performance measurements used
by the managed futures industry to evaluate CTA performance can be found in Building Wealth with Managed Futures.      To Purchase

These statistics are available to Advanced and Leaf Subscribers - To Purchase

Standard Deviation = The Square Root of (The Sum Of ((ROR - Mean ROR) Squared) / (Number of Data Points - 1)