Nordic Semiconductor Variance
| NRSDY Pink Sheet | | | USD 20.38 2.23 12.29% |
Variance readings for Nordic Semiconductor ASA are presented with current values, historical context, and comparative peer data. Interpretation is strongest when the reading is compared to both historical and peer benchmarks. Context for Nordic Semiconductor is enhanced by combining
Nordic Semiconductor Volatility with
Nordic Semiconductor Price History.
Current Variance Value
Nordic Semiconductor carries a Variance of 16.02, consistent with elevated price variability. This places Nordic Semiconductor toward the higher end of the volatility range for Pink Sheet.
Variance | = | SUM(RET DEV)2N |
| = | 16.02 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Relative to peers, Nordic Semiconductor's Variance is below the group average of 30.66. Peer readings range from 1.05 (ASUSTeK Computer) to 151.15 (HORIBA), reflecting wide dispersion across the sector. Nordic Semiconductor has exhibited less price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Nordic Semiconductor and its peers. Each point represents one equity — position along the horizontal axis shows Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Nordic Semiconductor's Maximum Drawdown of
29.41 runs about
1.84 times its Variance of
16.02 . This indicates Maximum Drawdown moderately exceeds Variance for Nordic Semiconductor.
Methodology, Assumptions & Data Sources
Nordic Semiconductor has a current Variance reading of 16.02. Variance for Nordic Semiconductor is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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