Baxter International Variance
| BAX Stock | | | USD 17.13 0.01 0.06% |
Historical market data for Baxter International forms the basis of the Variance indicator shown here. Related indicator context is organized within
Equity Screeners. Baxter International has a market cap of 8.6 B, operating margin of 7.36%, current ratio of 2.11. Use
Trending Equities to view allocation positioning. Portfolio tools allow users to monitor Baxter International alongside other positions. The information is presented without directional commentary. Broader economic conditions can influence Baxter International's company valuation — related indicators include
signals in nation.
For information on how to trade Baxter Stock refer to our
How to Invest in Baxter International guide.
Baxter International has current Variance of 9.78. 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 |
| = | 9.78 | |
| 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
Baxter International is rated
fifth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.21 of Maximum Drawdown per Variance. At
2.21 , Baxter International's Maximum Drawdown-to-Variance 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 Baxter International to Peers
Other Technical Indicators