Powerdyne International Variance
| PWDY Stock | | | USD 0.0048 0.0003 6.67% |
Powerdyne International variance lookup summarizes this and related technical indicators for Powerdyne International. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Powerdyne International has a market cap of 498.92 K, ROE of -25.0%. Use
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Powerdyne International has current Variance of 77.37. 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 |
| = | 77.37 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Powerdyne International Variance Peers Comparison
Powerdyne Variance Relative To Other Indicators
Powerdyne International is rated
fourth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
0.68 of Maximum Drawdown per Variance. At
1.48 , Powerdyne International's Variance-to-Maximum Drawdown multiple reflects the spread between these metrics
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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