Marvell Technology Variance
| MRVL Stock | | | USD 97.68 -0.77 -0.78% |
The Variance reading for Marvell Technology Group is computed from historical trading observations. Values reflect historical observations within the available dataset. Marvell Technology has a market cap of 85.42 B, operating margin of 18.66%, current ratio of 1.35. See
Correlation Analysis for additional portfolio context. Marvell Technology Group can be added to a watchlist or portfolio for position tracking. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Marvell Technology Group's company valuation — related indicators include
signals in private.
Marvell Technology Group has current Variance of 11.58. 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 |
| = | 11.58 | |
| 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
Marvell Technology Group carries a
fifth ranking for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.89 per Variance. Marvell Technology Group's Maximum Drawdown registers at
1.89 relative to 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.
Compare Marvell Technology to Peers
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