Brenmiller Energy Variance
| BNRG Stock | | | USD 0.66 -0.07 -9.59% |
Historical market data for Brenmiller Energy Ltd forms the basis of the Variance indicator shown here. The calculation draws on time-series market data across available periods. Brenmiller Energy has a market cap of 1.6 M, operating margin of -16.98%, current ratio of 3.99. Allocation context is available in
Trending Equities. Brenmiller Energy Ltd can be tracked within a custom portfolio for ongoing monitoring. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Brenmiller Energy Ltd's company valuation — related indicators include
signals in real.
Brenmiller Energy Ltd has current Variance of 97.96. 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 |
| = | 97.96 | |
| 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
Brenmiller Energy Ltd ranks
third among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.46 Maximum Drawdown per unit of Variance. Brenmiller Energy Ltd carries a
2.20 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.
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