Empire Company Variance
| EMP-A Stock | | | CAD 49.07 -0.13 -0.26% |
The Variance profile for Empire Company Limited is based on historical price and volume observations. Related screening structures are referenced through
Equity Screeners. Empire Company has a market cap of 11.32 B, operating margin of 3.8%, current ratio of 0.85. Portfolio-level context is available through
Investing Opportunities. Empire Company Limited can be tracked within a custom portfolio for ongoing monitoring. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Empire Company Limited's company valuation — related indicators include
signals in nation.
Empire Company Limited has current Variance of 2.36. 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 |
| = | 2.36 | |
| 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
Empire Company Limited maintains a
fourth standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.13 of Maximum Drawdown per Variance. For Empire Company Limited, Maximum Drawdown stands at
3.13 times Variance
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 Empire Company to Peers
Other Technical Indicators