Avnet Variance
| AVT Stock | | | USD 60.26 0.02 0.03% |
The Variance lookup presents technical context for Avnet Inc and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Avnet has a market cap of 4.93 B, operating margin of 2.74%, ROE of 4.24%.
Trending Equities can help frame allocation decisions. The allocation includes a position in Avnet Inc in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in private.
Avnet Inc has current Variance of 5.22. 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 |
| = | 5.22 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Avnet Variance Peers Comparison
Avnet Variance Relative To Other Indicators
Avnet Inc is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.38 of Maximum Drawdown per Variance. For Avnet Inc, Maximum Drawdown stands at
3.38 times Variance
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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