Nanalysis Scientific Variance
| NSCIF OTC | | | USD 0.09 0.0008 0.86% |
This module presents the Variance indicator for Nanalysis Scientific Corp using available market inputs. Coverage differences may occur across instruments and market segments. Nanalysis Scientific has a market cap of 47.47 M, operating margin of -27.75%, current ratio of 1.94. For allocation context, review
Correlation Analysis. Monitoring Nanalysis Scientific Corp within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Nanalysis Scientific Corp's otc stock valuation — related indicators include
signals in gross domestic product.
Nanalysis Scientific Corp has current Variance of 23.17. 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 |
| = | 23.17 | |
| 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
Nanalysis Scientific Corp is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.57 Maximum Drawdown per unit of Variance. Nanalysis Scientific Corp carries a
1.57 x Maximum Drawdown-to-Variance ratio
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 Nanalysis Scientific to Peers
Other Technical Indicators