Essex Property Variance
| ESS Stock | | | USD 249.95 -1.43 -0.57% |
The Variance lookup presents technical context for Essex Property Trust and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Essex Property has a market cap of 17.28 B, operating margin of 32.86%, ROE of 12.24%.
Investing Opportunities can help frame allocation decisions. The allocation includes a position in Essex Property Trust within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Essex Property Trust has current Variance of 1.68. 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 |
| = | 1.68 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Essex Property Variance Peers Comparison
Essex Variance Relative To Other Indicators
Essex Property Trust maintains a
fourth standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.91 of Maximum Drawdown per Variance. For Essex Property Trust, Maximum Drawdown stands at
3.91 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.
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