China Clean Variance
| CCGY Stock | | | USD 0.0001 0.00 0.00% |
The Variance profile for China Clean Energy is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. China Clean has a market cap of 1.19 M, operating margin of 17.84%, current ratio of 2.88. Review
Trending Equities for a broader allocation view. China Clean Energy can be added to a watchlist or portfolio for position tracking. This view summarizes available data without implying outcomes. Broader economic conditions can influence China Clean Energy's company valuation — related indicators include
signals in census.
China Clean Energy has current Variance of 37.88. 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 |
| = | 37.88 | |
| 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
China Clean Energy is rated
third in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.32 of Maximum Drawdown per Variance.
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 China Clean to Peers
Other Technical Indicators