Logistics Development Variance
| ESLGF Stock | | | USD 0.23 0.00 0.00% |
The Variance calculation for Logistics Development draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Logistics Development has a market cap of 51.17 M, current ratio of 0.87. Allocation context is available in
Investing Opportunities. Logistics Development Group can be tracked within a custom portfolio for ongoing monitoring. All values are based on available data and provided as reference information. Broader economic conditions can influence Logistics Development Group's company valuation — related indicators include
signals in census.
Logistics Development Group has current Variance of 0. 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 |
| = | 0 | |
| 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
Logistics Development Group is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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 Logistics Development to Peers