BingEx Variance
| FLX Stock | | | 2.80 0.10 3.70% |
This module presents the Variance indicator for BingEx using available market inputs. This dataset is part of a broader indicator framework including
Equity Screeners. BingEx has a market cap of 192.76 M, operating margin of 0.29%. Review
Investing Opportunities for a broader allocation view. Monitoring BingEx within a portfolio highlights how it interacts with other holdings. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence BingEx's company valuation — related indicators include
signals in board of governors.
The fundamentals of trading BingEx Stock are covered in our
How to Buy BingEx walkthrough. This resource outlines the process for evaluating BingEx Stock from a trading perspective. It covers the mechanics of investing in BingEx from account funding through order execution.
BingEx has current Variance of 52.46. 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 |
| = | 52.46 | |
| 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
BingEx is rated
second in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
0.87 of Maximum Drawdown per Variance. At
1.15 , BingEx's Variance-to-Maximum Drawdown multiple reflects the spread between these metrics
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 BingEx to Peers
Other Technical Indicators