SITC International Variance
| SITIF Pink Sheet | | | USD 3.86 0.00 0.00% |
The Variance indicator for SITC International is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. SITC International has a market cap of 5.85 B, operating margin of 45.71%, current ratio of 3.06. Portfolio-level context is available through
World Market Map. SITC International Holdings can be included in a portfolio to evaluate diversification impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence SITC International Holdings's company valuation — related indicators include
signals in gross domestic product.
SITC International Holdings has current Variance of 3.11. 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 |
| = | 3.11 | |
| 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
SITC International Holdings is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
4.28 Maximum Drawdown per unit of Variance. SITC International Holdings carries a
4.28 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 SITC International to Peers
Other Technical Indicators