Bald Eagle Variance
| BADEF Stock | | | USD 0.43 -0.03 -6.52% |
This module presents the Variance indicator for Bald Eagle Gold using available market inputs. The indicator computation uses normalized market activity data. Bald Eagle has a market cap of 25.33 M, ROE of -89.98%. See
Trending Equities for additional portfolio context. The view frames allocation within the broader portfolio. Portfolio data reflects current holdings and their weights. This dataset reflects observed data and is not advisory in nature. This suggests a position in Bald Eagle Gold. The position sits inside the allocation mix. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Bald Eagle Gold has current Variance of 21.13. 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 |
| = | 21.13 | |
| 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
Bald Eagle Gold is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.14 Maximum Drawdown per unit of Variance. Bald Eagle Gold carries a
1.14 x Maximum Drawdown-to-Variance ratio
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 Bald Eagle to Peers
Other Technical Indicators