BROADSTNET LEADL-00025 Variance

62XA Stock   15.90  0.30  1.92%   
BROADSTNET LEADL-00025 variance technical analysis lookup allows you to check this and other technical indicators for BROADSTNET LEADL 00025 or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
BROADSTNET LEADL 00025 has current Variance of 1.9. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance

 = 

SUM(RET DEV)2

N

 = 
1.9
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

BROADSTNET LEADL-00025 Variance Peers Comparison

0.541.900.9459.27.51250%-51%6240%-87%100%

BROADSTNET Variance Relative To Other Indicators

BROADSTNET LEADL 00025 is rated below average in variance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  3.48  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for BROADSTNET LEADL 00025 is roughly  3.48 
JavaScript chart by amCharts 3.21.155ZOKN73FNAUS8AOCGZ362XA 0102030405060708090 0102030405060
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare BROADSTNET LEADL-00025 to Peers

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