American States Variance
| AWR Stock | | | USD 74.68 0.24 0.32% |
The Variance lookup presents technical context for American States Water and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. American States has a market cap of 2.91 B, operating margin of 28.8%, ROE of 13.27%.
Trending Equities can help frame allocation decisions. The allocation includes a position in American States Water within the allocation 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 persons.
American States Water has current Variance of 1.42. 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 |
| = | 1.42 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
American States Variance Peers Comparison
American Variance Relative To Other Indicators
American States Water is rated
below average for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
3.96 against Variance. Maximum Drawdown runs about
3.96 times Variance for American States Water
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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