IONQ Variance
| IONQ Stock | | | USD 31.20 -0.70 -2.19% |
Historical market data for IONQ Inc forms the basis of the Variance indicator shown here. The indicator computation uses normalized market activity data. IONQ has a market cap of 16.08 B, operating margin of -4.23%, ROE of -107.76%. Review
Risk vs Return Analysis for broader portfolio context. The portfolio view reflects current allocation structure. A position in IONQ Inc is indicated here. This is part of the broader portfolio composition. 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.
IONQ Inc has current Variance of 31.73. 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 |
| = | 31.73 | |
| 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
IONQ Inc is ranked
third for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
0.88 against Variance. Variance runs about
1.14 times Maximum Drawdown for IONQ Inc
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 IONQ to Peers
Other Technical Indicators