First Hydrogen Variance
| FHYDF Stock | | | USD 0.27 -0.01 -3.57% |
The Variance calculation for First Hydrogen draws on price and volume history. Each data point is derived from standardized price and volume feeds. First Hydrogen has a market cap of 183.83 M, operating margin of -87.03%, ROE of -3.42%. Review
Investing Opportunities for a broader allocation view. The allocation includes a position in First Hydrogen Corp. The position falls within the allocation 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 median.
First Hydrogen Corp has current Variance of 39.88. 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 |
| = | 39.88 | |
| 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
First Hydrogen Corp ranks
fourth among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.97 Maximum Drawdown per unit of Variance. First Hydrogen Corp carries a
1.04 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 First Hydrogen to Peers
Other Technical Indicators