CNH Industrial Variance
| CNH Stock | | | 9.94 -0.14 -1.39% |
The Variance reading for CNH Industrial NV 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. Extended technical indicator views are accessible through
Equity Screeners. CNH Industrial has a market cap of 12.56 B, operating margin of 1.88%, ROE of 6.48%. Use
Trending Equities to explore allocation context. The allocation summary reflects available position data. Composition figures are derived from reported holdings. This overview is based on available data and does not express a directional view. A position in CNH Industrial NV appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. 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.
CNH Industrial NV has current Variance of 4.52. 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 |
| = | 4.52 | |
| 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
CNH Industrial NV places
fifth for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
2.50 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
2.50 times for CNH Industrial NV
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 CNH Industrial to Peers
Other Technical Indicators