Stora Enso Variance
| SEOJF Stock | | | USD 11.08 0.00 0.00% |
The Variance technical lookup provides context for Stora Enso Oyj and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Stora Enso has a market cap of 11.61 B, operating margin of 15.09%, ROE of 14.15%. Review
World Market Map for broader portfolio context. This reflects a position in Stora Enso Oyj inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Stora Enso Oyj has current Variance of 27.83. 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 |
| = | 27.83 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Stora Enso Variance Peers Comparison
Stora Variance Relative To Other Indicators
Stora Enso Oyj is regarded as the highest-ranked pink sheet in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
1.89 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Stora Enso Oyj is roughly
1.89 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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