Everspin Technologies Variance
| MRAM Stock | | | USD 8.93 -0.22 -2.40% |
Everspin Technologies variance lookup summarizes this and related technical indicators for Everspin Technologies. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Everspin Technologies has a market cap of 211.55 M, operating margin of -7.23%, ROE of -0.89%. Use
Correlation Analysis to explore allocation context. This includes a position in Everspin Technologies within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For information on how to trade Everspin Stock refer to our
How to Trade Everspin Stock guide.
Everspin Technologies has current Variance of 30.87. 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 |
| = | 30.87 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Everspin Technologies Variance Peers Comparison
Everspin Variance Relative To Other Indicators
Everspin Technologies is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.98 in Maximum Drawdown for each unit of Variance. The spread between Variance and Maximum Drawdown for Everspin Technologies sits at
1.02 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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