| BBLSDelisted Stock | | | USD 0.0001 0.00 0.00% |
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Rockdale Resources Corp has current Variance of 144.03. 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)2N |
| = | 144.03 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Rockdale Resources Variance Peers Comparison
Rockdale Variance Relative To Other Indicators
Rockdale Resources Corp is rated
third in variance category among its peers. It is currently under evaluation in kurtosis category among its peers making up about
0.46 of Kurtosis per Variance. The ratio of Variance to Kurtosis for Rockdale Resources Corp is roughly
2.18 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.
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