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s(x) is the standard deviation of a sample of data. S is the standard deviation of the entire population of your sample. If youre looking for the standard deviation or volatility of stocks, hereâs a blog which includes a table with all of the equa...
The range rule tells us that the standard deviation of a sample is approximately equal to one fourth of the range of the data. In other words s = (Maximum â Minimum)/4.This is a very straightforward formula to use, and should only be used as a very rough estimate of the standard deviation.he range rule tells us that the standard deviation of a sample is approximately equal to one fourth of the range of the data. In other words s = (Maximum â Minimum)/4.