Cooper Companies Variance
| COO Stock | | | USD 71.56 0.02 0.03% |
The Variance indicator for Cooper Companies is constructed from normalized market data. All inputs reflect available trading data across supported markets. Cooper Companies has a market cap of 13.96 B, operating margin of 20.78%, current ratio of 1.16. Use
Trending Equities to view allocation positioning. The Cooper Companies can be added to a watchlist or portfolio for position tracking. The dataset reflects available inputs without directional implication. Broader economic conditions can influence The Cooper Companies's company valuation — related indicators include
signals in metropolitan statistical area.
The Cooper Companies has current Variance of 1.85. 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 |
| = | 1.85 | |
| 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 Cooper Companies is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.81 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for The Cooper Companies sits at
3.81 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 Cooper Companies to Peers
Other Technical Indicators