J Sainsbury Variance
| JSNSF Stock | | | USD 4.75 0.18 3.94% |
The Variance indicator for J Sainsbury is constructed from normalized market data. Values reflect historical observations within the available dataset. J Sainsbury has a market cap of 7.5 B, operating margin of 3.38%, ROE of 7.78%.
Risk vs Return Analysis adds portfolio-level perspective. The portfolio structure is presented for analytical context. The view is constructed from recorded portfolio positions. The allocation shows a weighting toward J Sainsbury plc. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in population.
J Sainsbury plc has current Variance of 13.21. 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 |
| = | 13.21 | |
| 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
J Sainsbury plc holds the top spot in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.11 Maximum Drawdown per unit of Variance. J Sainsbury plc carries a
2.11 x Maximum Drawdown-to-Variance ratio
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 J Sainsbury to Peers
Other Technical Indicators