G-Resources Group Variance
| GGPXF Stock | | | USD 1.86 0.00 0.00% |
The Variance calculation for G-Resources Group draws on price and volume history. Each data point is derived from standardized price and volume feeds. G-Resources Group has a market cap of 135.47 M, operating margin of 40.56%, current ratio of 16.44. Review
Risk vs Return Analysis for a broader allocation view. Monitoring G Resources Group Limited within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence G Resources Group Limited's company valuation — related indicators include
signals in services.
G Resources Group Limited has current Variance of 11.2. 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 |
| = | 11.2 | |
| 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
G Resources Group Limited ranks
second among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.29 Maximum Drawdown per unit of Variance. G Resources Group Limited carries a
2.29 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 G-Resources Group to Peers
Other Technical Indicators