A SPAC Variance
| ASPC Stock | | | USD 11.53 0.38 3.41% |
This technical indicator view for Variance organizes signals for A SPAC III and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. A SPAC has market cap of 26.06 M, P/E of 63.18, ROE of 4.14%. See
Trending Equities for portfolio-level analysis. This suggests a position in A SPAC III across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
A SPAC III has current Variance of 254.22. 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 |
| = | 254.22 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
A SPAC Variance Peers Comparison
ASPC Variance Relative To Other Indicators
A SPAC III ranks as the leading stock in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
0.39 of Maximum Drawdown per Variance. The ratio of Variance to Maximum Drawdown for A SPAC III is roughly
2.54 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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