Lakeland Financial Variance
| LKFN Stock | | | USD 56.99 0.19 0.33% |
The Variance signal for Lakeland Financial reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Lakeland Financial has a market cap of 1.48 B, operating margin of 53.29%. Portfolio-level context is available through
Correlation Analysis. Lakeland Financial can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Lakeland Financial's company valuation — related indicators include
signals in price.
For more detail on Lakeland Stock please use our
How to Invest in Lakeland Stock guide.
Lakeland Financial has current Variance of 2.63. 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 |
| = | 2.63 | |
| 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
Lakeland Financial lands at
#5 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
2.84 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Lakeland Financial sits at
2.84 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 Lakeland Financial to Peers
Other Technical Indicators