Blockmint Technologies Variance
| BKLIF Stock | | | USD 0.02 0.00 0.00% |
The Variance profile for Blockmint Technologies is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Blockmint Technologies has a market cap of 1.43 M, operating margin of -2.21%, current ratio of 12.0. See
Trending Equities for portfolio-level analysis. Blockmint Technologies can be included in a portfolio to evaluate diversification impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Blockmint Technologies's company valuation — related indicators include
signals in gross domestic product.
Blockmint Technologies has current Variance of 127478.44. 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 |
| = | 127478.44 | |
| 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
Blockmint Technologies holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.02 Maximum Drawdown per unit of Variance. Blockmint Technologies carries a
43.51 x Variance-to-Maximum Drawdown 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 Blockmint Technologies to Peers
Other Technical Indicators