Sats ASA Variance
| SATS Stock | | | NOK 42.90 0.35 0.82% |
Technical inputs supporting the Variance indicator for Sats ASA are shown here. Cross-instrument Variance comparisons are available via
Equity Screeners. Sats ASA has a market cap of 1.66 B, operating margin of 2.2%, current ratio of 0.36.
World Market Map adds portfolio-level perspective. Portfolio tools allow users to monitor Sats ASA alongside other positions. This information is provided for contextual purposes. Broader economic conditions can influence Sats ASA's company valuation — related indicators include
signals in inflation.
Sats ASA has current Variance of 2.09. 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 |
| = | 2.09 | |
| 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
Sats ASA is rated
below average for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
4.08 per Variance. Sats ASA's Maximum Drawdown registers at
4.08 relative to 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.
Compare Sats ASA to Peers
Other Technical Indicators