Colgate Palmolive Variance
| CL Stock | | | USD 86.22 1.10 1.29% |
The Variance reading for Colgate Palmolive is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Colgate Palmolive has a market cap of 68.23 B, operating margin of 20.38%, ROE of 49.75%. Review
Trending Equities for broader portfolio context. A position in Colgate Palmolive is part of the allocation. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Learn the basics of trading Colgate Stock with our
How to Buy Colgate Palmolive walkthrough. This resource explains how to evaluate entry points and manage positions in Colgate Stock. Refer to it whenever you need a refresher on the mechanics of investing in Colgate Palmolive.
Colgate Palmolive has current Variance of 2.47. 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 |
| = | 2.47 | |
| 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
Colgate Palmolive is rated
below average for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
3.66 per Variance. Colgate Palmolive's Maximum Drawdown registers at
3.66 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 Colgate Palmolive to Peers
Other Technical Indicators