American Airlines Variance
| AAL Stock | | | USD 10.30 -0.25 -2.37% |
American Airlines variance lookup summarizes this and related technical indicators for American Airlines Group. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. American Airlines has a market cap of 6.8 B, operating margin of 3.62%. Use
Trending Equities to explore allocation context. This includes a position in American Airlines Group within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
American Airlines Group has current Variance of 8.59. 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 |
| = | 8.59 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
American Airlines Variance Peers Comparison
American Variance Relative To Other Indicators
American Airlines Group is rated
below average for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.61 per Variance. American Airlines Group's Maximum Drawdown registers at
1.61 relative to 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.
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