Altitude International Variance
| ALTD Stock | | | USD 0.0001 0.00 0.00% |
The Variance indicator for Altitude International Holdings is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. Altitude International has a market cap of 12.3 M, current ratio of 0.4.
Trending Equities adds portfolio-level perspective. Altitude International Holdings can be evaluated within a portfolio framework for weight and risk impact. The information is presented without directional commentary. Broader economic conditions can influence Altitude International Holdings's company valuation — related indicators include
signals in population.
Altitude International 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
Altitude International Holdings is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
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 Altitude International to Peers