CSG Systems Variance

CSGS Stock  USD 80.10  -0.02  -0.03%   
The Variance calculation for CSG Systems draws on price and volume history. The depth of trading history affects the precision of the indicator. CSG Systems has a market cap of 2.28 B, operating margin of 13.03%, current ratio of 1.04. Review Trending Equities for broader portfolio context. CSG Systems International can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence CSG Systems International's company valuation — related indicators include signals in census.
CSG Systems International has current Variance of 0.1614. 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)2

N

 = 
0.1614
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

CSG Systems International is rated below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 20.66 of Maximum Drawdown per Variance. For CSG Systems International, Maximum Drawdown stands at 20.66 times 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 CSG Systems to Peers

Other Technical Indicators