Dwi Guna Variance

DWGL Stock  IDR 115.00  3.00  2.54%   
Dwi Guna variance technical analysis lookup allows you to check this and other technical indicators for Dwi Guna Laksana or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Dwi Guna Laksana has current Variance of 4.19. 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)2

N

 = 
4.19
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Dwi Guna Variance Peers Comparison

Dwi Variance Relative To Other Indicators

Dwi Guna Laksana is rated # 2 in variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  2.40  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Dwi Guna Laksana is roughly  2.40 
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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