Artis Real Variance
| AX-UN Stock | | | CAD 19.83 -0.22 -1.10% |
The Variance lookup presents technical context for Artis Real Estate and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Artis Real has a market cap of 846.42 M, operating margin of 52.17%, ROE of -4.96%.
Trending Equities can help frame allocation decisions. The allocation includes a position in Artis Real Estate inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Artis Real Estate has current Variance of 11.39. 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 |
| = | 11.39 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Artis Real Variance Peers Comparison
Artis Variance Relative To Other Indicators
Artis Real Estate maintains a
second standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.83 of Maximum Drawdown per Variance. For Artis Real Estate, Maximum Drawdown stands at
1.83 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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