Kestra Medical Variance
| KMTS Stock | | | 19.55 -0.04 -0.20% |
Observed values used in the Variance indicator for Kestra Medical Technologies are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Kestra Medical has a market cap of 1.11 B, operating margin of -141.6%. See
Correlation Analysis for additional portfolio context. Kestra Medical Technologies can be added to a watchlist or portfolio for position tracking. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence Kestra Medical Technologies's company valuation — related indicators include
signals in population.
Kestra Medical Technologies has current Variance of 13.64. 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 |
| = | 13.64 | |
| 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
Kestra Medical Technologies is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.50 of Maximum Drawdown per Variance. For Kestra Medical Technologies, Maximum Drawdown stands at
1.50 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 Kestra Medical to Peers
Other Technical Indicators