Orient Overseas Variance
| OROVF Stock | | | USD 18.32 1.77 10.69% |
The Variance indicator for Orient Overseas Limited is derived from observed market data. Some instruments may report limited inputs depending on trading history. Orient Overseas has a market cap of 11.52 B, operating margin of 48.83%, current ratio of 3.02. Review
Your Equity Center for broader portfolio context. Orient Overseas Limited can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Orient Overseas Limited's company valuation — related indicators include
signals in persons.
Orient Overseas Limited has current Variance of 2.1. 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 |
| = | 2.1 | |
| 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
Orient Overseas Limited holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.94 Maximum Drawdown per unit of Variance. Orient Overseas Limited carries a
1.94 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 Orient Overseas to Peers
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