Dundee Precious Variance
| DPMLF Stock | | | USD 30.46 -1.15 -3.64% |
This module presents the Variance indicator for Dundee Precious Metals using available market inputs. The underlying data comes from exchange-reported trading records. Dundee Precious has a market cap of 1.15 B, operating margin of 26.16%, ROE of 5.72%. Use
Investing Opportunities to explore allocation context. Allocation data is presented for contextual reference. Allocation figures are based on reported position values. All values are presented as reference data. This suggests a position in Dundee Precious Metals. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. All figures are presented for informational review and are not prescriptive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Dundee Precious Metals has current Variance of 14.75. 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 |
| = | 14.75 | |
| 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
Dundee Precious Metals ranks
fifth among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.38 Maximum Drawdown per unit of Variance. Dundee Precious Metals carries a
1.38 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 Dundee Precious to Peers
Other Technical Indicators