Silver Viper Variance
| VIPRF Stock | | | USD 0.68 -0.04 -5.56% |
Observed values used in the Variance indicator for Silver Viper Minerals are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Silver Viper has a market cap of 9.64 M, ROE of -99.16%. Use
World Market Map to view allocation positioning. The portfolio reflects a holding in Silver Viper Minerals. The allocation approach determines the relative weighting of each position. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Silver Viper Minerals has current Variance of 42.47. 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 |
| = | 42.47 | |
| 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
Silver Viper Minerals is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.85 Maximum Drawdown per unit of Variance. Silver Viper Minerals carries a
1.18 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.
Compare Silver Viper to Peers
Other Technical Indicators