Nuscale Power Variance
| SMR Stock | | | USD 11.78 0.02 0.17% |
The Variance technical lookup provides context for Nuscale Power Corp and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Nuscale Power has a market cap of 3.75 B, operating margin of -33.38%, ROE of -84.83%. Review
World Market Map for broader portfolio context. This reflects a position in Nuscale Power Corp within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Nuscale Power Corp has current Variance of 35.88. 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 |
| = | 35.88 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Nuscale Power Variance Peers Comparison
Nuscale Variance Relative To Other Indicators
Nuscale Power Corp outranks all peers for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
0.79 against Variance. Variance runs about
1.27 times Maximum Drawdown for Nuscale Power Corp
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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