Builders FirstSource Variance
| BLDR Stock | | | USD 88.09 1.49 1.72% |
Builders FirstSource variance lookup summarizes this and related technical indicators for Builders FirstSource. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Builders FirstSource has a market cap of 9.74 B, operating margin of 1.84%, ROE of 10.06%. Use
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Builders FirstSource has current Variance of 9.18. 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 |
| = | 9.18 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Builders FirstSource Variance Peers Comparison
Builders Variance Relative To Other Indicators
Builders FirstSource is ranked
second for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
2.01 against Variance. Maximum Drawdown runs about
2.01 times Variance for Builders FirstSource
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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