JVC Kenwood Variance
| JVCZY Stock | | | USD 29.50 -3.00 -9.23% |
Observed values used in the Variance indicator for JVC Kenwood Corp are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. JVC Kenwood has a market cap of 502.11 M, operating margin of 7.04%, ROE of 24.64%. See
Risk vs Return Analysis for additional portfolio context. The holding in JVC Kenwood Corp represents an allocation. This is situated 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 nation.
JVC Kenwood Corp has current Variance of 2.45. 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 |
| = | 2.45 | |
| 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
JVC Kenwood Corp is rated
fourth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
7.16 of Maximum Drawdown per Variance. At
7.16 , JVC Kenwood Corp's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 JVC Kenwood to Peers
Other Technical Indicators