Microvast Holdings Variance
| MVSTW Stock | | | USD 0.02 -0.0039 -19.60% |
This module presents the Variance indicator for Microvast Holdings using available market inputs. The indicator computation uses normalized market activity data. Microvast Holdings has operating margin of 2.44%. Use
Correlation Analysis to view allocation positioning. Microvast Holdings can be added to a watchlist or portfolio for position tracking. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Microvast Holdings's company valuation — related indicators include
signals in population.
For more information on Microvast Stock please use our
How to Invest in Microvast Holdings overview. It covers the key aspects of trading Microvast Stock.
Microvast Holdings has current Variance of 172.43. 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 |
| = | 172.43 | |
| 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
Microvast Holdings stands at number one for variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
0.45 ratio of Maximum Drawdown to Variance. Microvast Holdings's Variance exceeds Maximum Drawdown by a factor of
2.21 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 Microvast Holdings to Peers
Other Technical Indicators