Toggle3Dai Variance

TGGLF Stock   0.01  -0.01  -31.25%   
The Variance technical lookup provides context for Toggle3Dai and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context.
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Toggle3Dai has current Variance of 153.02. 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

 = 
153.02
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Toggle3Dai Variance Peers Comparison

Toggle3Dai Variance Relative To Other Indicators

Toggle3Dai is rated below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 0.52 Maximum Drawdown per unit of Variance. Toggle3Dai carries a 1.92 x Variance-to-Maximum Drawdown 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.
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