Cracker Barrel Variance
| CBRL Stock | | | USD 26.94 -0.47 -1.71% |
The Variance calculation for Cracker Barrel draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Cracker Barrel has a market cap of 612.64 M, operating margin of 0.1%, ROE of -0.9%. For allocation context, review
Trending Equities. This includes a position in Cracker Barrel Old. The position sits 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 main economic indicators.
Cracker Barrel Old has current Variance of 12.63. 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 |
| = | 12.63 | |
| 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
Cracker Barrel Old carries a
fifth ranking for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.09 per Variance. Cracker Barrel Old's Maximum Drawdown registers at
1.09 relative to 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 Cracker Barrel to Peers
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