Advanced Micro Variance
| AMD Stock | | | 37.52 0.45 1.21% |
Technical inputs supporting the Variance indicator for Advanced Micro Devices are shown here. Coverage differences may occur across instruments and market segments. Advanced Micro has a market cap of 440.39 B, operating margin of 17.06%. Portfolio-level context is available through
Trending Equities. Tracking Advanced Micro Devices in a portfolio helps measure its contribution to overall performance. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Advanced Micro Devices's company valuation — related indicators include
signals in inflation.
Advanced Micro Devices has current Variance of 13.84. 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 |
| = | 13.84 | |
| 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
Advanced Micro Devices takes the leading position in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.81 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Advanced Micro Devices sits at
1.81 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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