RENN Fund Variance
| RCG Stock | | | USD 3.03 0.03 1.00% |
RENN Fund variance lookup summarizes this and related technical indicators for RENN Fund. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. RENN Fund has a market cap of 21.26 M, operating margin of -39.89%, ROE of 4.07%. Use
Your Equity Center to explore allocation context. This includes a position in RENN Fund across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
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RENN Fund has current Variance of 2.5. 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 |
| = | 2.5 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
RENN Fund Variance Peers Comparison
RENN Variance Relative To Other Indicators
RENN Fund holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.72 Maximum Drawdown per unit of Variance. RENN Fund carries a
2.72 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.
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