Divio Technologies Variance

DIVIO-B Stock  SEK 0.11  0.01  12.24%   
The Variance technical lookup provides context for Divio Technologies AB and related instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Divio Technologies AB within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
  
Divio Technologies AB has current Variance of 53.37. 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)2

N

 = 
53.37
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Divio Technologies Variance Peers Comparison

Divio Variance Relative To Other Indicators

Divio Technologies AB currently holds the # 3 position in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 1.02 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Divio Technologies AB is roughly 1.02
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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