Gasporox Variance
| GPX Stock | | | SEK 6.58 -0.22 -3.24% |
Gasporox variance lookup summarizes this and related technical indicators for Gasporox AB. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Gasporox has a market cap of 121.79 M, operating margin of -9.38%, ROE of -9.97%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in Gasporox AB within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Gasporox AB has current Variance of 14.38. 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 |
| = | 14.38 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Gasporox Variance Peers Comparison
Gasporox Variance Relative To Other Indicators
Gasporox AB is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.33 of Maximum Drawdown per Variance. For Gasporox AB, Maximum Drawdown stands at
1.33 times Variance
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.
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