Masimo Variance
| MASI Stock | | | USD 178.24 -0.46 -0.26% |
The Variance reading for Masimo is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through
Equity Screeners. Masimo has a market cap of 9.41 B, operating margin of 21.64%, ROE of -21.14%.
Correlation Analysis can help frame allocation decisions. The view reflects the current state of portfolio allocation. A position in Masimo appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
To understand the process of investing in Masimo Stock, visit our
How to Invest in Masimo guide.
Masimo has current Variance of 20.58. 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 |
| = | 20.58 | |
| 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
Masimo claims the number one ranking for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
1.67 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
1.67 times for Masimo
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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