Cheetah Mobile Variance
| CMCM Stock | | | USD 6.77 -0.06 -0.88% |
The Variance indicator for Cheetah Mobile is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. Cheetah Mobile has a market cap of 207.78 M, operating margin of 1.37%, ROE of -17.53%.
Trending Equities adds portfolio-level perspective. This suggests a position in Cheetah Mobile. Position sizing reflects the allocation methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Interested in buying Cheetah Stock? See our
How to Buy Cheetah Mobile guide. The guide includes approaches for both long-term investing and shorter-term trading of Cheetah Stock. Whether buying or selling, the guide provides a structured framework for Cheetah Mobile decisions.
Cheetah Mobile has current Variance of 15.64. 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 |
| = | 15.64 | |
| 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
Cheetah Mobile is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.29 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Cheetah Mobile sits at
1.29 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 Cheetah Mobile to Peers
Other Technical Indicators