Contextlogic Inc Variance
| LOGC Stock | | | USD 7.85 -0.08 -1.01% |
Contextlogic Inc variance lookup summarizes this and related technical indicators for Contextlogic. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Contextlogic Inc has market cap of 195.58 M, operating margin of -4.57%, ROE of -10.42%. Use
Correlation Analysis to explore allocation context. This includes a position in Contextlogic in the portfolio view. 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 census.
Contextlogic has current Variance of 1.8. 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 |
| = | 1.8 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Contextlogic Inc Variance Peers Comparison
Contextlogic Inc Variance Relative To Other Indicators
Contextlogic is rated
below average. in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
4.10 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Contextlogic is roughly
4.10 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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