Allegion PLC Variance vs. Potential Upside
| ALLE Stock | | | USD 145.82 0.47 0.32% |
This technical indicator view for this indicator organizes signals for Allegion PLC and comparable instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Allegion PLC has a market cap of 12.52 B, operating margin of 21.41%, ROE of 36.08%.
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How to Invest in Allegion PLC guide provides practical guidance on trading Allegion Stock.
Allegion PLC has current Variance of 3.08. 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 |
| = | 3.08 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Allegion PLC Variance Peers Comparison
Allegion Variance Relative To Other Indicators
Allegion PLC is rated
below average for variance relative to top peers. It is currently under evaluation for potential upside relative to top peers with a Potential Upside-to-Variance ratio near
0.89 . The Variance to Potential Upside ratio for Allegion PLC comes in at
1.12 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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