Mattel Variance
| MAT Stock | | | USD 16.07 0.01 0.06% |
This technical indicator view for Variance organizes signals for Mattel Inc and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Mattel has a market cap of 4.99 B, operating margin of 7.86%, ROE of 17.68%. Use
Correlation Analysis to explore allocation context. This suggests a position in Mattel Inc within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Mattel Inc has current Variance of 12.67. 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 |
| = | 12.67 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Mattel Variance Peers Comparison
Mattel Variance Relative To Other Indicators
Mattel Inc earns the top ranking in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.25 of Maximum Drawdown per Variance. For Mattel Inc, Maximum Drawdown stands at
2.25 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.