Amazon Variance
| AMZN Stock | | | USD 210.11 -0.03 -0.01% |
This module presents the Variance indicator for Amazon Inc using available market inputs. Exchange-specific data schedules may affect the recency of readings. Amazon has a market cap of 2.2 T, operating margin of 10.53%, current ratio of 0.94. See
Trending Equities for additional portfolio context. Adding Amazon Inc to a portfolio enables side-by-side comparison with other holdings. This information is provided for contextual purposes. Broader economic conditions can influence Amazon Inc's company valuation — related indicators include
signals in nation.
Amazon Inc has current Variance of 3.28. 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 |
| = | 3.28 | |
| 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
Amazon Inc is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
2.72 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Amazon Inc sits at
2.72 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 Amazon to Peers
Other Technical Indicators