Xtract One Variance
| XTRAF Stock | | | 0.32 -0.01 -3.03% |
Observed values used in the Variance indicator for Xtract One Technologies are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Xtract One has a market cap of 66.89 M, operating margin of -4.98%. See
Your Current Watchlist for portfolio-level analysis. Adding Xtract One Technologies to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Xtract One Technologies's otc stock valuation — related indicators include
signals in nation.
Xtract One Technologies has current Variance of 13.2. 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 |
| = | 13.2 | |
| 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
Xtract One Technologies ranks
fifth among otc stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.29 Maximum Drawdown per unit of Variance. Xtract One Technologies carries a
1.29 x Maximum Drawdown-to-Variance 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 Xtract One to Peers
Other Technical Indicators