Chesapeake Utilities Variance
| CH5 Stock | | | EUR 109.00 -1.00 -0.91% |
This technical indicator view for Variance organizes signals for Chesapeake Utilities and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Chesapeake Utilities has a market cap of 2.63 B, operating margin of 28.51%, ROE of 9.39%. See
Trending Equities for portfolio-level analysis. This suggests a position in Chesapeake Utilities within the portfolio 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.
For a detailed overview of how to trade Chesapeake Stock, see our
How to Trade Chesapeake Stock guide.
Chesapeake Utilities has current Variance of 2.18. 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 |
| = | 2.18 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Chesapeake Utilities Variance Peers Comparison
Chesapeake Variance Relative To Other Indicators
Chesapeake Utilities is rated
below average. in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
2.56 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Chesapeake Utilities is roughly
2.56 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.