DICKER DATA Variance
| D0D Stock | | | EUR 5.00 0.08 1.63% |
Historical market data for DICKER DATA LTD forms the basis of the Variance indicator shown here. The calculation draws on time-series market data across available periods. DICKER DATA has a market cap of 930.34 M, operating margin of 5.82%, current ratio of 1.13.
Investing Opportunities adds portfolio-level perspective. Including DICKER DATA LTD in a portfolio enables allocation and risk analysis. This information is provided for contextual purposes. Broader economic conditions can influence DICKER DATA LTD's company valuation — related indicators include
signals in inflation.
DICKER DATA LTD has current Variance of 10.06. 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 |
| = | 10.06 | |
| 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
DICKER DATA LTD ranks
fourth among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.63 Maximum Drawdown per unit of Variance. DICKER DATA LTD carries a
1.63 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.
Compare DICKER DATA to Peers
Other Technical Indicators