Clinical Laserthermia Variance
| CLS-B Stock | | | SEK 4.78 -0.34 -6.64% |
The Variance profile for Clinical Laserthermia Systems is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Clinical Laserthermia has a market cap of 104.76 M, operating margin of -23.95%, ROE of -2.59%. Review
Trending Equities for broader portfolio context. The overview captures current portfolio composition. The portfolio view uses available data to frame composition. This captures an allocation to Clinical Laserthermia Systems. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. All figures are based on reported data and are informational in nature. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Clinical Laserthermia Systems has current Variance of 52.22. 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 |
| = | 52.22 | |
| 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
Clinical Laserthermia Systems maintains a
second standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
0.99 of Maximum Drawdown per Variance. For Clinical Laserthermia Systems, Variance stands at
1.01 times Maximum Drawdown
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 Clinical Laserthermia to Peers
Other Technical Indicators