AtriCure Variance
| ATRC Stock | | | USD 29.18 0.15 0.52% |
This dataset for AtriCure reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. AtriCure has a market cap of 1.45 B, operating margin of 1.77%, ROE of -2.4%. Use
Trending Equities to view allocation positioning. The portfolio reflects a holding in AtriCure. The allocation approach determines the relative weighting of each position. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Our
How to Trade AtriCure guide. The guide covers key considerations before placing your first order for AtriCure Stock. Review it before making any investment decisions about AtriCure.
AtriCure has current Variance of 9.23. 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 |
| = | 9.23 | |
| 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
AtriCure is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
2.61 . The Maximum Drawdown to Variance ratio for AtriCure comes in at
2.61 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 AtriCure to Peers
Other Technical Indicators