Tucows Variance

TC Stock  CAD 21.37  -0.43  -1.97%   
The Variance lookup presents technical context for Tucows Inc and related instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Tucows has a market cap of 237.29 M, operating margin of -9.25%, ROE of -10.12%. World Market Map can help frame allocation decisions. The allocation includes a position in Tucows Inc inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
  
Tucows Inc has current Variance of 10.57. 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)2

N

 = 
10.57
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Tucows Variance Peers Comparison

Tucows Variance Relative To Other Indicators

Tucows Inc is evaluated as fifth in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about 1.68 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Tucows Inc is roughly 1.68
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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