Clorox Variance
| CLX Stock | | | USD 106.15 -0.47 -0.44% |
This dataset for The Clorox reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. Data availability for the calculation period determines indicator completeness. Extended technical indicator views are accessible through
Equity Screeners. Clorox has a market cap of 12.95 B, operating margin of 14.05%, ROE of 98.72%. Use
Trending Equities to explore allocation context. Allocation data is presented for contextual reference. A position in The Clorox is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. The dataset is presented as structured reference material for independent review. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
The Clorox has current Variance of 2.83. 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 |
| = | 2.83 | |
| 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
The Clorox is rated
below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.89 of Maximum Drawdown per Variance. At
2.89 , The Clorox's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Clorox to Peers
Other Technical Indicators