Inspire Medical Variance
| INSP Stock | | | USD 58.62 0.37 0.64% |
The Variance lookup presents technical context for Inspire Medical Systems and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Inspire Medical has a market cap of 1.69 B, operating margin of 17.14%, ROE of 19.77%.
Risk vs Return Analysis can help frame allocation decisions. The allocation includes a position in Inspire Medical Systems 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.
Inspire Medical Systems has current Variance of 21.74. 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 |
| = | 21.74 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Inspire Medical Variance Peers Comparison
Inspire Variance Relative To Other Indicators
Inspire Medical Systems is ranked
third for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.14 against Variance. Maximum Drawdown runs about
1.14 times Variance for Inspire Medical Systems
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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