Royce Micro Variance
| RMT Stock | | | USD 11.36 -0.21 -1.82% |
The Variance technical lookup provides context for Royce Micro Cap and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Royce Micro has a market cap of 618.49 M, operating margin of -55.64%, ROE of 14.66%. Review
Your Equity Center for broader portfolio context. This reflects a position in Royce Micro Cap 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 state.
Royce Micro Cap has current Variance of 1.4. 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 |
| = | 1.4 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Royce Micro Variance Peers Comparison
Royce Variance Relative To Other Indicators
Royce Micro Cap maintains a
third standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
4.23 of Maximum Drawdown per Variance. For Royce Micro Cap, Maximum Drawdown stands at
4.23 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.
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