Mobilicom Limited Variance
| MOB Stock | | | 5.36 -0.17 -3.07% |
This dataset for Mobilicom Limited American reflects inputs used in the Variance calculation. Data availability for the calculation period determines indicator completeness. Mobilicom Limited has a market cap of 66.15 M, operating margin of -0.99%, ROE of -99.36%. See
Correlation Analysis for additional portfolio context. A position in Mobilicom Limited American is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Mobilicom Limited American has current Variance of 46.4. 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 |
| = | 46.4 | |
| 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
Mobilicom Limited American is rated
second in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
0.58 of Maximum Drawdown per Variance. At
1.73 , Mobilicom Limited American's Variance-to-Maximum Drawdown multiple reflects the spread between these metrics
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 Mobilicom Limited to Peers
Other Technical Indicators