PLAYSTUDIOS Variance
| MYPSW Stock | | | USD 0.01 0.0006 12.00% |
The Variance lookup presents technical context for PLAYSTUDIOS and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. PLAYSTUDIOS has operating margin of -11.47%, ROE of -14.82%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in PLAYSTUDIOS 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 main economic indicators.
To understand the process of investing in PLAYSTUDIOS Stock, visit our
How to Invest in PLAYSTUDIOS guide.
PLAYSTUDIOS has current Variance of 494.66. 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 |
| = | 494.66 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
PLAYSTUDIOS Variance Peers Comparison
PLAYSTUDIOS Variance Relative To Other Indicators
PLAYSTUDIOS stands at number one for variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
0.25 ratio of Maximum Drawdown to Variance. PLAYSTUDIOS's Variance exceeds Maximum Drawdown by a factor of
3.93 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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