FD Technologies Variance
| FDRVFDelisted Stock | | | USD 33.15 0.00 0.00% |
Reference data associated with the Variance technical indicator for FD Technologies Plc. Indicator inputs depend on available historical price observations.
FD Technologies Plc has current Variance of 19.79. 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 |
| = | 19.79 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
FD Technologies Variance Peers Comparison
FDRVF Variance Relative To Other Indicators
FD Technologies Plc ranks
third among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.83 Maximum Drawdown per unit of Variance. FD Technologies Plc carries a
1.83 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.