Accenture Plc Variance
| CSA Stock | | | EUR 172.90 2.90 1.71% |
The Variance technical lookup provides context for Accenture plc and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Accenture Plc has a market cap of 106.41 B, operating margin of 16.97%, ROE of 25.02%. Review
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Accenture plc has current Variance of 7.69. 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 |
| = | 7.69 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Accenture Plc Variance Peers Comparison
Accenture Variance Relative To Other Indicators
Accenture plc ranks
third among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.98 Maximum Drawdown per unit of Variance. Accenture plc carries a
1.98 x Maximum Drawdown-to-Variance ratio
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.
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