DoorDash Variance
| DASH Stock | | | USD 161.75 -7.73 -4.56% |
The Variance lookup presents technical context for DoorDash Class A and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. DoorDash has a market cap of 73.63 B, operating margin of 5.26%, ROE of 10.44%.
Investing Opportunities can help frame allocation decisions. The allocation includes a position in DoorDash Class A within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
DoorDash Class A has current Variance of 7.18. 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 |
| = | 7.18 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
DoorDash Variance Peers Comparison
DoorDash Variance Relative To Other Indicators
DoorDash Class A is rated
below average for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
1.87 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
1.87 times for DoorDash Class A
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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