Sif Holding Variance
| SIFG Stock | | | EUR 6.00 -0.09 -1.48% |
Reference data associated with the Variance technical indicator for Sif Holding NV. Certain instruments may report limited data depending on market coverage.
Sif Holding NV has current Variance of 7.6. 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 |
| = | 7.6 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Sif Holding Variance Peers Comparison
Sif Variance Relative To Other Indicators
Sif Holding NV earns the top ranking in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.11 of Maximum Drawdown per Variance. For Sif Holding NV, Maximum Drawdown stands at
2.11 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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