Fjordland Exploration Variance
| FEXXF Stock | | | USD 0.02 -0.0033 -14.16% |
This dataset for Fjordland Exploration reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. Data availability for the calculation period determines indicator completeness. Fjordland Exploration has a market cap of 2.79 M, ROE of -13.76%.
Investing Opportunities adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. All values are presented as reference data. This captures an allocation to Fjordland Exploration. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. The information is presented without directional commentary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in services.
Fjordland Exploration has current Variance of 13448.77. 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 |
| = | 13448.77 | |
| 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
Fjordland Exploration holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.07 Maximum Drawdown per unit of Variance. Fjordland Exploration carries a
14.07 x Variance-to-Maximum Drawdown 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.
Compare Fjordland Exploration to Peers
Other Technical Indicators