Disco Corp Variance
| DSCSY Stock | | | USD 43.20 -1.12 -2.53% |
Technical inputs supporting the Variance indicator for Disco Corp ADR are shown here. Values are derived from historical price and volume observations. Disco Corp has a market cap of 11.06 B, operating margin of 38.53%, ROE of 26.22%. See
Investing Opportunities for portfolio-level analysis. Portfolio positioning is summarized for reference. Position-level data supports the allocation summary. A position in Disco Corp ADR appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. All values are based on available data and provided as reference information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Disco Corp ADR has current Variance of 14.03. 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 |
| = | 14.03 | |
| 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 Corp ADR is rated
second in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.36 of Maximum Drawdown per Variance. At
1.36 , Disco Corp ADR's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Corp to Peers
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