Advent Technologies Variance
| ADNDelisted Stock | | | USD 0.42 -0.01 -2.33% |
Advent Technologies variance lookup summarizes this and related technical indicators for Advent Technologies Holdings. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Advent Technologies has a market cap of 3.02 M, operating margin of -29.55%, ROE of -10.22%. Use
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Advent Technologies Holdings has current Variance of 159.1. 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 |
| = | 159.1 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Advent Technologies Variance Peers Comparison
Advent Variance Relative To Other Indicators
Advent Technologies Holdings lands at
#4 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.61 in Maximum Drawdown for each unit of Variance. The spread between Variance and Maximum Drawdown for Advent Technologies Holdings sits at
1.64 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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