Data IO Variance
| DAIO Stock | | | USD 2.46 -0.09 -3.53% |
The Variance profile for Data IO is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. The
Equity Screeners framework provides wider technical analysis context. Data IO has a market cap of 25.54 M, operating margin of -25.83%, ROE of -20.84%. Review
Investing Opportunities for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. This content does not constitute investment advice or a recommendation. The holding in Data IO represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. The dataset reflects available inputs without directional implication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
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Data IO has current Variance of 5.84. 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 |
| = | 5.84 | |
| 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
Data IO is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.92 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Data IO sits at
1.92 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 Data IO to Peers
Other Technical Indicators