X4 Pharmaceuticals Variance
| XFOR Stock | | | USD 4.67 0.01 0.21% |
This technical indicator view for Variance organizes signals for X4 Pharmaceuticals and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. X4 Pharmaceuticals has market cap of 407.45 M, operating margin of -12.81%, ROE of -1.57%. See
Your Current Watchlist for portfolio-level analysis. This suggests a position in X4 Pharmaceuticals 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 employment.
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X4 Pharmaceuticals has current Variance of 23.87. 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 |
| = | 23.87 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
X4 Pharmaceuticals Variance Peers Comparison
XFOR Variance Relative To Other Indicators
X4 Pharmaceuticals is evaluated as
third in Variance in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
1.09 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for X4 Pharmaceuticals is roughly
1.09 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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