ReTo Eco Variance
| RETO Stock | | | USD 0.55 -0.02 -4.12% |
ReTo Eco variance lookup summarizes this and related technical indicators for ReTo Eco Solutions. Availability can vary by instrument;
Equity Screeners offers additional screening access. ReTo Eco has a market cap of 1.64 M, operating margin of -133.01%, ROE of -38.33%. See
Your Equity Center for portfolio-level analysis. This includes a position in ReTo Eco Solutions within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
ReTo Eco Solutions has current Variance of 139.67. 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 |
| = | 139.67 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
ReTo Eco Variance Peers Comparison
ReTo Variance Relative To Other Indicators
ReTo Eco Solutions lands at
#4 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.42 in Maximum Drawdown for each unit of Variance. The spread between Variance and Maximum Drawdown for ReTo Eco Solutions sits at
2.41 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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