Cheer Holding Variance
| CHR Stock | | | 0.91 0.01 1.11% |
Observed values used in the Variance indicator for Cheer Holding are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Cheer Holding has a market cap of 4.56 M, operating margin of 23.08%. See
Trending Equities for portfolio-level analysis. Adding Cheer Holding to a portfolio enables side-by-side comparison with other holdings. All values are presented as reference data. Broader economic conditions can influence Cheer Holding's company valuation — related indicators include
signals in rate.
Our
How to Trade Cheer Holding guide. The guide covers key considerations relevant to Cheer Stock order placement.
Cheer Holding has current Variance of 42.34. 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 |
| = | 42.34 | |
| 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
Cheer Holding is rated
below average for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
0.65 against Variance. Variance runs about
1.53 times Maximum Drawdown for Cheer Holding
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 Cheer Holding to Peers
Other Technical Indicators