CS Disco Variance
| LAW Stock | | | USD 4.04 0.16 4.12% |
The Variance calculation for CS Disco draws on price and volume history. Additional screening context is available through
Equity Screeners. CS Disco has a market cap of 245.72 M, operating margin of -22.45%, current ratio of 11.13. See
Correlation Analysis for portfolio-level analysis. CS Disco LLC can be included in a portfolio to evaluate diversification impact. Diversification analysis reveals overlap and concentration across holdings. Broader economic conditions can influence CS Disco LLC's company valuation — related indicators include
signals in nation.
CS Disco LLC has current Variance of 35.67. 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 |
| = | 35.67 | |
| 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
CS Disco LLC falls in the
third position for variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
0.69 ratio of Maximum Drawdown to Variance. CS Disco LLC's Variance exceeds Maximum Drawdown by a factor of
1.45 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 CS Disco to Peers
Other Technical Indicators