Huddlestock Fintech Variance
| HUDL Stock | | | NOK 0.55 -0.03 -5.17% |
The Variance reading for Huddlestock Fintech As is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Huddlestock Fintech has a market cap of 300.38 M, operating margin of -44.6%, ROE of -21.54%. Review
Risk vs Return Analysis for broader portfolio context. A position in Huddlestock Fintech As is indicated here. Position allocation is driven by the portfolio construction model. 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.
Huddlestock Fintech As has current Variance of 21.11. 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 |
| = | 21.11 | |
| 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
Huddlestock Fintech As is rated
below average for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.35 per Variance. Huddlestock Fintech As's Maximum Drawdown registers at
1.35 relative to 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.
Compare Huddlestock Fintech to Peers
Other Technical Indicators