Initiator Pharma Variance
| INIT Stock | | | 3.06 0.02 0.66% |
The Variance reading for Initiator Pharma AS is computed from historical trading observations. Normalization methods and data feeds may affect reported values. Initiator Pharma has a market cap of 319.34 M. Review
Risk vs Return Analysis for a broader allocation view. Portfolio analysis tools can evaluate how Initiator Pharma AS fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Initiator Pharma AS's company valuation — related indicators include
signals in inflation.
Initiator Pharma AS has current Variance of 9.88. 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 |
| = | 9.88 | |
| 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
Initiator Pharma AS is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.97 of Maximum Drawdown per Variance. For Initiator Pharma AS, Maximum Drawdown stands at
1.97 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.
Compare Initiator Pharma to Peers
Other Technical Indicators