Leidos Holdings Variance
| LDOS Stock | | | USD 172.51 -7.03 -3.92% |
This technical indicator view for Variance organizes signals for Leidos Holdings and comparable instruments. Data availability can vary by region and feed;
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Leidos Holdings has current Variance of 6.29. 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 |
| = | 6.29 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Leidos Holdings Variance Peers Comparison
Leidos Variance Relative To Other Indicators
Leidos Holdings is rated
below average. in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
2.81 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Leidos Holdings is roughly
2.81 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.
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