Above Food Variance
| ABVE Stock | | | 1.16 -0.09 -7.20% |
The Variance lookup presents technical context for Above Food Ingredients and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Above Food has a market cap of 63.99 M, operating margin of -23.25%.
Trending Equities can help frame allocation decisions. The allocation includes a position in Above Food Ingredients in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in private.
Above Food Ingredients has current Variance of 86.23. 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 |
| = | 86.23 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Above Food Variance Peers Comparison
Above Variance Relative To Other Indicators
Above Food Ingredients holds the
#4 position for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
0.61 . The Variance to Maximum Drawdown ratio for Above Food Ingredients comes in at
1.63 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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