Emerson Electric Variance
| EMR Stock | | | USD 128.15 -1.75 -1.35% |
This dataset for Emerson Electric reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations. Emerson Electric has a market cap of 72.06 B, operating margin of 24.6%, ROE of 9.65%.
Investing Opportunities can help frame allocation decisions. The holding in Emerson Electric represents an allocation. The weighting is determined by the allocation framework in use. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
To learn how to invest in Emerson Stock, please use our
How to Trade Emerson Stock guide.
Emerson Electric has current Variance of 5.01. 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 |
| = | 5.01 | |
| 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
Emerson Electric is ranked
second for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
2.28 against Variance. Maximum Drawdown runs about
2.28 times Variance for Emerson Electric
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 Emerson Electric to Peers
Other Technical Indicators