Cosmos Health Variance
| COSM Stock | | | USD 0.34 0.03 9.68% |
Historical market data for Cosmos Health forms the basis of the Variance indicator shown here. Related indicator context is organized within
Equity Screeners. Cosmos Health has a market cap of 16.65 M, operating margin of -10.63%, current ratio of 1.05. Portfolio-level context is available through
Trending Equities. Monitoring Cosmos Health within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Cosmos Health's company valuation — related indicators include
signals in main economic indicators.
Exploring Cosmos Stock for the first time? Start with our
How to Buy Cosmos Stock step-by-step guide.
Cosmos Health has current Variance of 25.17. 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 |
| = | 25.17 | |
| 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
Cosmos Health is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.18 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Cosmos Health sits at
1.18 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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Other Technical Indicators