Smart Digital Variance
| SDM Stock | | | 1.85 0.00 0.00% |
The Variance signal for Smart Digital Group reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Smart Digital has a market cap of 58.69 M, operating margin of -1.7%, ROE of -4.93%.
World Market Map can help frame allocation decisions. A position in Smart Digital Group is indicated here. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
Smart Digital Group has current Variance of 0. 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 |
| = | 0 | |
| 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
Smart Digital Group is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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 Smart Digital to Peers