Honey Badger Variance

HBEIF Stock  USD 0.08  0  3.71%   
Honey Badger variance technical analysis lookup allows you to check this and other technical indicators for Honey Badger Silver 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
  
Honey Badger Silver has current Variance of 52.95. 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

 = 
52.95
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Honey Badger Variance Peers Comparison

Honey Variance Relative To Other Indicators

Honey Badger Silver is one of the top stocks in variance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  0.67  of Maximum Drawdown per Variance. The ratio of Variance to Maximum Drawdown for Honey Badger Silver is roughly  1.49 
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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