Stellar Variance
| XLM Crypto | | | USD 0.17 -0.01 -5.56% |
The Variance signal for Stellar reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Stellar has a market cap of 48.24 M. Use
Your Current Watchlist to explore allocation context. Stellar can be added to a watchlist or portfolio for position tracking. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Stellar's cryptocurrency valuation — related indicators include
signals in state.
Stellar has current Variance of 18.42. 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 |
| = | 18.42 | |
| 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
Stellar 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
1.13 . The Maximum Drawdown to Variance ratio for Stellar comes in at
1.13 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.
Other Technical Indicators