PPHE HOTEL Variance
| 32P Stock | | | EUR 20.20 0.00 0.00% |
This technical indicator view for Variance organizes signals for PPHE HOTEL GROUP and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. PPHE HOTEL has a market cap of 703.3 M. See
Trending Equities for portfolio-level analysis. This suggests a position in PPHE HOTEL GROUP across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
PPHE HOTEL GROUP has current Variance of 0.3897. 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 |
| = | 0.3897 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
PPHE HOTEL Variance Peers Comparison
PPHE Variance Relative To Other Indicators
PPHE HOTEL GROUP is rated
below average. in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
11.48 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for PPHE HOTEL GROUP is roughly
11.48 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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