Cabka NV Variance
| CABKA Stock | | | 1.74 -0.02 -1.14% |
The Variance indicator for Cabka NV is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners. Cabka NV has a market cap of 43.17 M, operating margin of 3.02%.
Trending Equities can help frame allocation decisions. Portfolio tools allow users to monitor Cabka NV alongside other positions. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Cabka NV's company valuation — related indicators include
signals in nation.
Cabka NV has current Variance of 6.35. 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 |
| = | 6.35 | |
| 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
Cabka NV is rated
fifth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.76 of Maximum Drawdown per Variance. At
1.76 , Cabka NV's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Cabka NV to Peers
Other Technical Indicators