Data Storage Variance
| DTST Stock | | | USD 4.01 -0.08 -1.96% |
The Variance lookup presents technical context for Data Storage Corp and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Data Storage has a market cap of 30.07 M, operating margin of -2.63%, ROE of 4.06%.
Investing Opportunities can help frame allocation decisions. The allocation includes a position in Data Storage Corp 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 main economic indicators.
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How to Invest in Data Storage guide.
Data Storage Corp has current Variance of 7.14. 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 |
| = | 7.14 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Data Storage Variance Peers Comparison
Data Variance Relative To Other Indicators
Data Storage Corp is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.92 of Maximum Drawdown per Variance. For Data Storage Corp, Maximum Drawdown stands at
1.91 times Variance
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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