Xos Variance
| XOS Stock | | | USD 1.92 -0.05 -2.54% |
This dataset for Xos Inc reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. Data availability for the calculation period determines indicator completeness. Extended technical indicator views are accessible through
Equity Screeners. Xos has a market cap of 22.33 M, operating margin of -42.39%, ROE of -84.37%. Review
Your Current Watchlist for a broader allocation view. Portfolio composition is shown for contextual purposes. The allocation view reflects recorded position information. This includes a position in Xos Inc. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. All figures are based on reported data and are informational in nature. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Xos Inc has current Variance of 25.07. 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 |
| = | 25.07 | |
| 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
Xos Inc is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.55 of Maximum Drawdown per Variance. For Xos Inc, Maximum Drawdown stands at
1.55 times Variance
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 Xos to Peers
Other Technical Indicators