Encompass Health Variance
| EHC Stock | | | USD 102.36 0.93 0.92% |
Observed values used to calculate the Variance technical indicator for Encompass Health Corp. Technical inputs may vary across markets and data providers.
Encompass Health Corp has current Variance of 2.82. 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 |
| = | 2.82 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Encompass Health Variance Peers Comparison
Encompass Variance Relative To Other Indicators
Encompass Health Corp is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
4.16 . The Maximum Drawdown to Variance ratio for Encompass Health Corp comes in at
4.16 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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