LGL Variance
| LGL Stock | | | USD 6.95 -0.05 -0.71% |
The Variance signal for LGL Group reflects patterns observed in trading data. The
Equity Screeners module supports multi-indicator technical analysis. LGL has a market cap of 33.73 M, operating margin of -3.36%, current ratio of 15.35. Use
Correlation Analysis to view allocation positioning. LGL Group can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence LGL Group's company valuation — related indicators include
signals in census.
LGL Group has current Variance of 5.44. 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 |
| = | 5.44 | |
| 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
LGL Group 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
2.56 per Variance. LGL Group's Maximum Drawdown registers at
2.56 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 LGL to Peers
Other Technical Indicators