Freeport Resources Variance
| FEERF Stock | | | USD 0.06 -0.0032 -5.38% |
This technical indicator view for Variance organizes signals for Freeport Resources and comparable instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Freeport Resources has a market cap of 6.56 M, ROE of -120.68%. See
Investing Opportunities for portfolio-level analysis. This suggests a position in Freeport Resources within the allocation view. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in real.
Freeport Resources has current Variance of 118.06. 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 |
| = | 118.06 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Freeport Resources Variance Peers Comparison
Freeport Variance Relative To Other Indicators
Freeport Resources is rated
below average. in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
0.52 of Maximum Drawdown per Variance. The ratio of Variance to Maximum Drawdown for Freeport Resources is roughly
1.92 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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