Eutelsat Communications Variance
| EUTLF Stock | | | USD 2.17 -0.16 -6.87% |
The Variance technical lookup provides context for Eutelsat Communications SA and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Eutelsat Communications has a market cap of 1.86 B, operating margin of 38.46%, ROE of 8.64%. Review
Investing Opportunities for broader portfolio context. This reflects a position in Eutelsat Communications SA in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Eutelsat Communications SA has current Variance of 24.94. 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 |
| = | 24.94 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Eutelsat Communications Variance Peers Comparison
Eutelsat Variance Relative To Other Indicators
Eutelsat Communications SA ranks
second among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.05 Maximum Drawdown per unit of Variance. Eutelsat Communications SA carries a
1.05 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.
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