Alexander Baldwin Variance
| ALEX Stock | | | USD 20.84 -0.01 -0.05% |
The Variance profile for Alexander Baldwin Holdings is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners. Alexander Baldwin has a market cap of 1.52 B, operating margin of 30.9%, ROE of 6.49%. See
Trending Equities for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. The holding in Alexander Baldwin Holdings represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Alexander Baldwin Holdings has current Variance of 21.52. 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 |
| = | 21.52 | |
| 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
Alexander Baldwin Holdings ranks first in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.77 of Maximum Drawdown per Variance. At
1.77 , Alexander Baldwin Holdings's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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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