Huntington Ingalls Variance
| HII Stock | | | USD 423.25 6.66 1.60% |
Reference data associated with the Variance technical indicator for Huntington Ingalls Industries. Indicator values reflect available price and volume data where applicable.
Huntington Ingalls Industries has current Variance of 7.21. 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 |
| = | 7.21 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Huntington Ingalls Variance Peers Comparison
Huntington Variance Relative To Other Indicators
Huntington Ingalls Industries places
fourth for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
2.32 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
2.32 times for Huntington Ingalls Industries
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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