Albertsons Companies Variance
| ACI Stock | | | USD 17.29 -0.05 -0.29% |
The Variance signal for Albertsons Companies reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Albertsons Companies has a market cap of 9.52 B, operating margin of 2.89%, ROE of 29.66%. Use
Trending Equities to explore allocation context. Allocation data is presented for contextual reference. Allocation figures are based on reported position values. All values are presented as reference data. This includes a position in Albertsons Companies. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in median.
For more information on how to buy Albertsons Stock please use our
How to Buy Albertsons Stock guide.
Albertsons Companies has current Variance of 3.96. 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 |
| = | 3.96 | |
| 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
Albertsons Companies places
fifth for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
2.20 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
2.20 times for Albertsons Companies
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 Albertsons Companies to Peers
Other Technical Indicators