SGL Carbon Variance
| SGLFF Stock | | | USD 3.62 -1.23 -25.36% |
The Variance profile for SGL Carbon SE is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners. SGL Carbon has a market cap of 1.14 B, operating margin of 5.01%, ROE of 23.01%.
World Market Map can help frame allocation decisions. The view reflects the current state of portfolio allocation. The view is constructed from recorded portfolio positions. The portfolio reflects a holding in SGL Carbon SE. The weighting is visible within the allocation breakdown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
SGL Carbon SE has current Variance of 31.9. 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 |
| = | 31.9 | |
| 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
SGL Carbon SE ranks
fifth among pink sheets in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.37 Maximum Drawdown per unit of Variance. SGL Carbon SE carries a
1.37 x Maximum Drawdown-to-Variance ratio
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 SGL Carbon to Peers
Other Technical Indicators