Caesars Entertainment Variance
| CZR Stock | | | USD 26.88 0.06 0.22% |
Technical inputs supporting the Variance indicator for Caesars Entertainment are shown here. Additional screening context is available through
Equity Screeners. Caesars Entertainment has a market cap of 5.37 B, operating margin of 18.93%, current ratio of 0.8. Portfolio-level context is available through
Trending Equities. Portfolio tools allow users to monitor Caesars Entertainment alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Caesars Entertainment's company valuation — related indicators include
signals in nation.
For information on how to trade Caesars Stock refer to our
How to Invest in Caesars Entertainment guide.
Caesars Entertainment has current Variance of 18.51. 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 |
| = | 18.51 | |
| 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
Caesars Entertainment outranks all peers for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.21 against Variance. Maximum Drawdown runs about
1.21 times Variance for Caesars Entertainment
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 Caesars Entertainment to Peers
Other Technical Indicators