Ping, who will tell in more detail (trust inside)?

Question

Computer networks

This is 5 packets and the response of each

PING 188.93.16.236 (188.93.16.236) 56(84) bytes of data.
64 bytes from 188.93.16.236: icmp_req=1 ttl=59 time=31.4 ms
64 bytes from 188.93.16.236: icmp_req=2 ttl=59 time=31.5 ms
64 bytes from 188.93.16.236: icmp_req=3 ttl=59 time=31.4 ms
64 bytes from 188.93.16.236: icmp_req=4 ttl=59 time=31.5 ms
64 bytes from 188.93.16.236: icmp_req=5 ttl=59 time=31.5 ms

This is the trust itself, it is checked for losses, everything is ok.
time is the elapsed time for the entire page load or what?
And what does the very last line (.../0.050 ms) mean?

--- 188.93.16.236 ping statistics ---
5 packets transmitted, 5 received, 0% packet loss, time 3998ms
rtt min/avg/max/mdev = 31.438/31.517/31.571/0.050 ms
Traceroute

Are these routes, with ip(response, delay, response)?

traceroute to 188.93.16.236 (188.93.16.236), 10 hops max, 60 byte packets
 1  93.170.78.193.serverel.net (93.170.78.193)  14.555 ms  14.515 ms  14.449 ms
 2  12.161.120.146.serverel.net (146.120.161.12)  0.738 ms  0.303 ms  0.264 ms
 3  ams-equ-cr1.rascom.ru (80.249.211.84)  25.700 ms  25.721 ms  25.686 ms
 4  80.64.96.72 (80.64.96.72)  39.271 ms  39.291 ms  39.364 ms
 5  81-27-252-147.rascom.as20764.net (81.27.252.147)  31.617 ms  31.683 ms  31.682 ms
 6  188.93.16.236 (188.93.16.236)  31.513 ms  31.452 ms  31.516 ms

from the request to the response, it turns out that 31 seconds and 516ms passed (this is the speed indicator. What are the norms of "good, bad"?
Thanks for the answers

Answer 1

> time is the elapsed time for the entire page load or what?
The time it took for an ICMP packet to travel back and forth.
> rtt min/avg/max/mdev = 31.438/31.517/31.571/0.050 ms
min/average/max/sliding standard deviation