Kalo Gold Variance
| KLGDF Stock | | | USD 0.16 -0.02 -11.11% |
The Variance indicator for Kalo Gold is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Kalo Gold has a market cap of 12.58 M, ROE of -38.94%. Allocation context is available in
Correlation Analysis. The portfolio view reflects current allocation structure. The data reflects holdings as of the most recent update. A position in Kalo Gold Holdings is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
Kalo Gold Holdings has current Variance of 1487.77. 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 |
| = | 1487.77 | |
| 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
Kalo Gold Holdings holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.23 Maximum Drawdown per unit of Variance. Kalo Gold Holdings carries a
4.44 x Variance-to-Maximum Drawdown ratio
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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