Oculis Holding Variance
| OCS Stock | | | 24.86 -0.51 -2.01% |
The Variance signal for Oculis Holding AG reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Oculis Holding has a market cap of 1.44 B, operating margin of -50.2%, ROE of -73.45%.
Your Equity Center can help frame allocation decisions. This suggests a position in Oculis Holding AG. The position sits inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Oculis Holding AG has current Variance of 7.07. 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 |
| = | 7.07 | |
| 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
Oculis Holding AG is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.72 of Maximum Drawdown per Variance. For Oculis Holding AG, Maximum Drawdown stands at
1.72 times Variance
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 Oculis Holding to Peers
Other Technical Indicators