DeBridge Variance
| DBR Crypto | | | USD 0.02 -0.0006 -3.45% |
The Variance signal for deBridge reflects patterns observed in trading data. The
Equity Screeners module supports multi-indicator technical analysis. DeBridge has a market cap of 6.28 K.
Investing Opportunities adds portfolio-level perspective. The view is constructed from recorded portfolio positions. A position in deBridge is part of the allocation. This appears in the portfolio view. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
deBridge has current Variance of 16.73. 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 |
| = | 16.73 | |
| 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
deBridge cannot be rated in Variance at this point. It cannot be rated in Maximum Drawdown at this point. with a Maximum Drawdown-to-Variance ratio near
1.07 . The Maximum Drawdown to Variance ratio for deBridge comes in at
1.07 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.
Other Technical Indicators