ReTo Eco Variance
| RETO Stock | | | USD 0.60 0.01 2.22% |
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. Below is ReTo Eco's current Variance with peer comparisons and related risk metrics.
Current Variance Value
The current Variance of 169.54 places ReTo Eco at elevated price variability. This places ReTo Eco toward the higher end of the volatility range for Stock.
Variance | = | SUM(RET DEV)2N |
| = | 169.54 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
ReTo Eco falls below the 3912.59 peer average for Variance. Crown Electrokinetics Corp leads at 33250.83 while Corteva registers the lowest at 1.93. ReTo Eco 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 ReTo Eco 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.
ReTo Eco shows nearly
0.40 of Maximum Drawdown per unit of Variance (
169.54 versus
68.59 ). This indicates Maximum Drawdown falls substantially below Variance for ReTo Eco. The spread between Variance and Maximum Drawdown for ReTo Eco Solutions sits at
2.47 Methodology, Assumptions & Data Sources
The current Variance for ReTo Eco is 169.54. The Variance for ReTo Eco applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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