Alkame Holdings Variance
Observed values used in the Variance indicator for Alkame Holdings are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Alkame Holdings has a market cap of 3.46 M, operating margin of -3.41%. Portfolio-level context is available through
Trending Equities. Portfolio analysis tools can evaluate how Alkame Holdings fits within a broader allocation. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Alkame Holdings's company valuation — related indicators include
signals in industry.
Alkame Holdings has current Variance of 0. 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 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Alkame Holdings is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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.
Compare Alkame Holdings to Peers