Lery Seafood Variance
| LSG Stock | | | NOK 47.66 -0.28 -0.58% |
The Variance indicator for Lery Seafood Group is derived from observed market data. Some instruments may report limited inputs depending on trading history. Lery Seafood has a market cap of 33.29 B, operating margin of 18.6%, current ratio of 2.96. Review
Correlation Analysis for a broader allocation view. Lery Seafood Group can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Lery Seafood Group's company valuation — related indicators include
signals in inflation.
Lery Seafood Group has current Variance of 2.62. 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 |
| = | 2.62 | |
| 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
Lery Seafood 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
3.09 per Variance. Lery Seafood Group's Maximum Drawdown registers at
3.09 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.
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