Condor Energies Variance
| CDR Stock | | | 2.06 0.12 6.19% |
This technical indicator view for Variance organizes signals for Condor Energies and comparable instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Condor Energies has a market cap of 140.84 M, operating margin of 8.53%, ROE of 12.12%. See
Trending Equities for portfolio-level analysis. This suggests a position in Condor Energies within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Condor Energies has current Variance of 9.45. 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 |
| = | 9.45 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Condor Energies Variance Peers Comparison
Condor Variance Relative To Other Indicators
Condor Energies is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.42 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Condor Energies sits at
1.42 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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