UBEX Variance
| UBEX Crypto | | | USD 0.000021 0.000001 5.00% |
UBEX variance lookup summarizes this and related technical indicators for UBEX. Some instruments may have limited coverage due to data differences;
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UBEX has current Variance of 25.32. 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 |
| = | 25.32 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
UBEX Variance Peers Comparison
UBEX Variance Relative To Other Indicators
UBEX cannot be rated in Variance at this point. It cannot be rated in Maximum Drawdown at this point. with a Maximum Drawdown-to-Variance ratio near
0.86 . The Variance to Maximum Drawdown ratio for UBEX comes in at
1.17 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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