Disco Variance
| DISPF Stock | | | USD 406.76 -28.85 -6.62% |
The Variance reading for Disco is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Disco has a market cap of 11.13 B, operating margin of 38.53%, ROE of 26.22%. Allocation context is available in
Investing Opportunities. Portfolio composition is shown for contextual purposes. The summary draws on available position and value data. This suggests a position in Disco. The position sits inside the allocation mix. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Disco has current Variance of 20.27. 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 |
| = | 20.27 | |
| 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
Disco ranks
fourth among otc stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.14 Maximum Drawdown per unit of Variance. Disco carries a
1.14 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 Disco to Peers
Other Technical Indicators