Nippon Kayaku Variance
| NPKYY Stock | | | USD 11.38 1.15 11.24% |
The Variance reading for Nippon Kayaku Co is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Nippon Kayaku has a market cap of 1.5 B, operating margin of 11.37%, current ratio of 3.78. Use
Correlation Analysis to explore allocation context. Portfolio analysis tools can evaluate how Nippon Kayaku Co fits within a broader allocation. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Nippon Kayaku Co's company valuation — related indicators include
signals in small area income & poverty estimates.
Nippon Kayaku Co has current Variance of 1.91. 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 |
| = | 1.91 | |
| 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
Nippon Kayaku Co is rated
fifth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
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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