INNEOVA Holdings Variance
| INEO Stock | | | 0.47 -0.02 -3.37% |
INNEOVA Holdings variance lookup summarizes this and related technical indicators for INNEOVA Holdings Limited. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. INNEOVA Holdings has a market cap of 8.02 M, operating margin of 3.58%, ROE of -20.18%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in INNEOVA Holdings Limited in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in small area income & poverty estimates.
INNEOVA Holdings Limited has current Variance of 75.49. 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 |
| = | 75.49 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
INNEOVA Holdings Variance Peers Comparison
INNEOVA Variance Relative To Other Indicators
INNEOVA Holdings Limited is ranked
fourth relative to stocks in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
0.88 of Maximum Drawdown per Variance. The ratio of Variance to Maximum Drawdown for INNEOVA Holdings Limited is roughly
1.14 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.