Frasers Logistics Variance
| FRLOF Stock | | | USD 0.78 0.00 0.00% |
The Variance reading for Frasers Logistics Commercial is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Frasers Logistics has a market cap of 3.69 B, operating margin of 66.9%, current ratio of 1.86.
Investing Opportunities adds portfolio-level perspective. Frasers Logistics Commercial can be tracked within a custom portfolio for ongoing monitoring. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Frasers Logistics Commercial's company valuation — related indicators include
signals in metropolitan statistical area.
Frasers Logistics Commercial has current Variance of 9.82. 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 |
| = | 9.82 | |
| 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
Frasers Logistics Commercial ranks
third among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.96 Maximum Drawdown per unit of Variance. Frasers Logistics Commercial carries a
2.96 x Maximum Drawdown-to-Variance 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 Frasers Logistics to Peers
Other Technical Indicators