Case Group Variance
| CASE Stock | | | 21.40 0.40 1.90% |
The Variance reading for Case Group AB is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Case Group has a market cap of 346.26 M, operating margin of 3.45%, ROE of -15.8%.
Trending Equities can help frame allocation decisions. The view reflects the current state of portfolio allocation. The view is constructed from recorded portfolio positions. The portfolio reflects a holding in Case Group AB. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. 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.
Case Group AB has current Variance of 11.35. 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 |
| = | 11.35 | |
| 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
Case Group AB maintains a
fifth standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.22 of Maximum Drawdown per Variance. For Case Group AB, Maximum Drawdown stands at
1.22 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.
Compare Case Group to Peers
Other Technical Indicators