Super League Variance
| SLE Stock | | | 4.70 0.02 0.43% |
Observed values used in the Variance indicator for Super League Enterprise are included in this dataset. The underlying data comes from exchange-reported trading records. Super League has a market cap of 5.45 M, operating margin of -125.92%, ROE of -20.96%.
World Market Map adds portfolio-level perspective. The view frames allocation within the broader portfolio. Composition figures are derived from reported holdings. No forward-looking guarantees are expressed or implied by this data. This captures an allocation to Super League Enterprise. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. The dataset is presented as structured reference material for independent review. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Super League Enterprise has current Variance of 62.49. 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 |
| = | 62.49 | |
| 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
Super League Enterprise holds the
#4 position for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
0.69 . The Variance to Maximum Drawdown ratio for Super League Enterprise comes in at
1.45 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 Super League to Peers
Other Technical Indicators