Aqua Metals Variance
| AQMS Stock | | | USD 4.49 -0.11 -2.39% |
The Variance indicator for Aqua Metals is constructed from normalized market data. All inputs reflect available trading data across supported markets. Aqua Metals has a market cap of 13.39 M, ROE of -1.87%. Portfolio-level context is available through
Trending Equities. The view reflects the current state of portfolio allocation. The portfolio view uses available data to frame composition. This dataset reflects observed data and is not advisory in nature. This reflects a position in Aqua Metals. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. This dataset reflects observed data and is not advisory in nature. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Before investing in Aqua Stock, review our
How to Buy Aqua Metals guide for key considerations.
Aqua Metals has current Variance of 22.23. 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 |
| = | 22.23 | |
| 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
Aqua Metals is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
0.90 of Maximum Drawdown per Variance. For Aqua Metals, Variance stands at
1.11 times Maximum Drawdown
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 Aqua Metals to Peers
Other Technical Indicators