Sirios Resources Variance
| SIREF OTC | | | USD 0.13 -0.01 -7.14% |
This module presents the Variance indicator for Sirios Resources using available market inputs. Exchange-specific data schedules may affect the recency of readings. Sirios Resources has a market cap of 14.49 M, current ratio of 3.04. Allocation context is available in
World Market Map. Sirios Resources can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Sirios Resources's otc stock valuation — related indicators include
signals in median.
Sirios Resources has current Variance of 56.71. 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 |
| = | 56.71 | |
| 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
Sirios Resources ranks
fifth among otc stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.78 Maximum Drawdown per unit of Variance. Sirios Resources carries a
1.28 x Variance-to-Maximum Drawdown 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 Sirios Resources to Peers
Other Technical Indicators