Henry Schein Variance
| HSIC Stock | | | USD 74.46 2.17 3.00% |
This module presents the Variance indicator for Henry Schein using available market inputs. This dataset is part of a broader indicator framework including
Equity Screeners. Henry Schein has a market cap of 8.51 B, operating margin of 5.3%, ROE of 8.7%. See
Risk vs Return Analysis for portfolio-level analysis. This suggests a position in Henry Schein. This appears in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
New to investing in Henry Stock? Start with our
How to Buy Henry Stock step-by-step guide. It provides a clear overview of how to add Henry Schein to your portfolio. It is a useful companion to the data and analysis available on this page for Henry Stock.
Henry Schein has current Variance of 2.72. 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 |
| = | 2.72 | |
| 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
Henry Schein is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
2.76 . The Maximum Drawdown to Variance ratio for Henry Schein comes in at
2.76 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 Henry Schein to Peers
Other Technical Indicators