Full Truck Variance
| YMM Stock | | | USD 8.30 -0.03 -0.36% |
Technical inputs supporting the Variance indicator for Full Truck Alliance are shown here. Availability can differ across markets, exchanges, and instruments. Full Truck has a market cap of 8.68 B, operating margin of 32.2%, ROE of 11.23%. Review
Your Current Watchlist for broader portfolio context. A position in Full Truck Alliance is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Full Truck Alliance has current Variance of 3.84. 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 |
| = | 3.84 | |
| 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
Full Truck Alliance is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.24 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Full Truck Alliance sits at
3.24 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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