Annexon Variance
| ANNX Stock | | | USD 5.25 -0.12 -2.23% |
Technical inputs supporting the Variance indicator for Annexon are shown here. Availability can differ across markets, exchanges, and instruments. Annexon has a market cap of 799.68 M, current ratio of 8.95. Use
Trending Equities to view allocation positioning. Annexon can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Annexon's company valuation — related indicators include
signals in state.
For information on how to trade Annexon Stock refer to our
How to Invest in Annexon guide. It explains the process for buying and trading Annexon Stock effectively.
Annexon has current Variance of 23.53. 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 |
| = | 23.53 | |
| 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
Annexon is rated
below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
0.90 of Maximum Drawdown per Variance. At
1.11 , Annexon's Variance-to-Maximum Drawdown 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.
Compare Annexon to Peers
Other Technical Indicators