BeMetals Corp Variance
| BMTLF OTC | | | USD 0.04 -0.0016 -3.55% |
This module presents the Variance indicator for BeMetals Corp using available market inputs. The
Equity Screeners framework provides wider technical analysis context. BeMetals Corp has a market cap of 24.6 M, current ratio of 10.6. Use
Trending Equities to explore allocation context. BeMetals Corp can be tracked within a custom portfolio for ongoing monitoring. All figures are based on reported data and are informational in nature. Broader economic conditions can influence BeMetals Corp's otc stock valuation — related indicators include
signals in board of governors.
BeMetals Corp has current Variance of 117.32. 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 |
| = | 117.32 | |
| 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
BeMetals Corp ranks
fifth among otc stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.56 Maximum Drawdown per unit of Variance. BeMetals Corp carries a
1.80 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 BeMetals Corp to Peers
Other Technical Indicators