Femto Technologies Variance
| FMTODelisted Stock | | | 3.53 -0.82 -18.85% |
The Variance lookup presents technical context for Femto Technologies and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Femto Technologies has a market cap of 2.41 M, operating margin of -18.02%, ROE of -1.96%.
Investing Opportunities can help frame allocation decisions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Femto Technologies has current Variance of 2862.76. 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 |
| = | 2862.76 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Femto Technologies Variance Peers Comparison
Femto Variance Relative To Other Indicators
Femto Technologies lands at
#2 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.18 in Maximum Drawdown for each unit of Variance. The spread between Variance and Maximum Drawdown for Femto Technologies sits at
5.64 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.