Steakholder Foods Variance
| STKH Stock | | | USD 1.38 0.05 3.76% |
Observed values used in the Variance indicator for Steakholder Foods are included in this dataset. Data coverage may vary across sources and reporting intervals. Steakholder Foods has a market cap of 12.83 M, operating margin of -775.1%, current ratio of 3.2. See
World Market Map for additional portfolio context. Steakholder Foods can be evaluated within a portfolio framework for weight and risk impact. The information is presented without directional commentary. Broader economic conditions can influence Steakholder Foods's company valuation — related indicators include
signals in industry.
For background on Steakholder Stock, review our
How to Trade Steakholder Stock resource. This guide walks you through the practical steps for investing in Steakholder Foods.
Steakholder Foods has current Variance of 38.75. 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 |
| = | 38.75 | |
| 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
Steakholder Foods places
third for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
0.78 in Maximum Drawdown for every unit of Variance. Variance outpaces Maximum Drawdown by
1.27 times for Steakholder Foods
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 Steakholder Foods to Peers
Other Technical Indicators