Strategic Investments Variance
| DNN Stock | | | EUR 0.09 -0.002 -2.25% |
The Variance profile for Strategic Investments AS is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Strategic Investments has a market cap of 37.09 M, operating margin of 93.02%, current ratio of 68.57. For allocation context, review
Investing Opportunities. Adding Strategic Investments AS to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Strategic Investments AS's company valuation — related indicators include
signals in inflation.
Strategic Investments AS has current Variance of 15.58. 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 |
| = | 15.58 | |
| 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
Strategic Investments AS ranks
fourth among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.16 Maximum Drawdown per unit of Variance. Strategic Investments AS carries a
2.16 x Maximum Drawdown-to-Variance ratio
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 Strategic Investments to Peers
Other Technical Indicators