Minsud Resources Variance
| MDSQF Stock | | | USD 0.44 0.00 0.00% |
This technical indicator view for Variance organizes signals for Minsud Resources Corp and comparable instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Minsud Resources has a market cap of 29.98 M, ROE of -35.31%. See
Correlation Analysis for portfolio-level analysis. This suggests a position in Minsud Resources Corp in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Minsud Resources Corp has current Variance of 13.79. 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 |
| = | 13.79 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Minsud Resources Variance Peers Comparison
Minsud Variance Relative To Other Indicators
Minsud Resources Corp is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.77 Maximum Drawdown per unit of Variance. Minsud Resources Corp carries a
2.77 x Maximum Drawdown-to-Variance 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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