Intuit Variance
| INTU Stock | | | USD 455.56 0.32 0.07% |
The Variance reading for Intuit Inc is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Intuit has a market cap of 126.77 B, operating margin of 15.7%, ROE of 23.46%. Use
Risk vs Return Analysis to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. The allocation includes a position in Intuit Inc. The position falls within the allocation 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 population.
Intuit Inc has current Variance of 9.63. 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 |
| = | 9.63 | |
| 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
Intuit Inc is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.58 of Maximum Drawdown per Variance. For Intuit Inc, Maximum Drawdown stands at
1.58 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.
Compare Intuit to Peers
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