Telenor ASA Variance
| TELNY Pink Sheet | | | USD 17.05 0.21 1.25% |
This reference presents Variance data for Telenor ASA ADR, including the current value, historical trend, and peer comparisons. The value is best assessed relative to both the instrument's historical range and peer distribution.
Telenor ASA Volatility and
Telenor ASA Price History provide added context for Telenor ASA.
Current Variance Value
The Variance of 2.14 for Telenor ASA indicates moderate price variability. This places Telenor ASA within the typical volatility range for Pink Sheet.
Variance | = | SUM(RET DEV)2N |
| = | 2.14 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Telenor ASA's Variance of 2.14 falls below the 29.91 peer average. Values range from 1.96 (Koninklijke KPN NV) to 199.15 (Advanced Info Service), with wide dispersion across the group. Telenor ASA 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 Telenor ASA 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.
Telenor ASA's Maximum Drawdown of
8.78 runs about
4.10 times its Variance of
2.14 . This indicates Maximum Drawdown is significantly higher than Variance for Telenor ASA.
Methodology, Assumptions & Data Sources
Telenor ASA has a current Variance reading of 2.14. The Variance for Telenor ASA 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. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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