Natural Grocers Variance
| NGVC Stock | | | USD 25.65 0.89 3.59% |
The Variance indicator for Natural Grocers is constructed from normalized market data. The
Equity Screeners module supports multi-indicator technical analysis. Natural Grocers has a market cap of 730.4 M, operating margin of 4.74%, current ratio of 1.02. See
Correlation Analysis for portfolio-level analysis. Natural Grocers by can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Natural Grocers by's company valuation — related indicators include
signals in private.
Natural Grocers by has current Variance of 4.97. 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 |
| = | 4.97 | |
| 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
Natural Grocers by is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
2.00 . The Maximum Drawdown to Variance ratio for Natural Grocers by comes in at
2.00 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 Natural Grocers to Peers
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