Gilat Satellite Variance
| GILT Stock | | | USD 17.42 0.42 2.47% |
Reference data associated with the Variance technical indicator for Gilat Satellite Networks. Coverage may vary depending on data feeds and normalization methods.
Gilat Satellite Networks has current Variance of 23.44. 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 |
| = | 23.44 | |
| 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
Gilat Satellite Networks maintains a
second standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.51 of Maximum Drawdown per Variance. For Gilat Satellite Networks, Maximum Drawdown stands at
1.51 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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