Heartland Express Variance
| HTLD Stock | | | USD 9.65 0.07 0.73% |
The Variance indicator for Heartland Express is derived from observed market data. The dataset is based on observed market activity where data is available. Heartland Express has a market cap of 747.44 M, operating margin of -8.94%, ROE of -6.65%. Review
Risk vs Return Analysis for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. This includes a position in Heartland Express. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. 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.
Our
How to Invest in Heartland Express guide provides practical guidance on trading Heartland Stock.
Heartland Express has current Variance of 7.35. 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 |
| = | 7.35 | |
| 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
Heartland Express 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
1.95 . The Maximum Drawdown to Variance ratio for Heartland Express comes in at
1.95 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 Heartland Express to Peers
Other Technical Indicators