Advanced Micro Variance
| AMD Stock | | | 36.22 -1.26 -3.36% |
This technical indicator view for Variance organizes signals for Advanced Micro Devices and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Advanced Micro has a market cap of 421.16 B, operating margin of 10.62%, ROE of 3.26%. See
Trending Equities for portfolio-level analysis. This suggests a position in Advanced Micro Devices inside the allocation 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 inflation.
Advanced Micro Devices has current Variance of 14.39. 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 |
| = | 14.39 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Advanced Micro Variance Peers Comparison
Advanced Variance Relative To Other Indicators
Advanced Micro Devices lands at
#4 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.75 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Advanced Micro Devices sits at
1.75 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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