Procore Technologies Variance
| PCOR Stock | | | USD 58.13 -0.65 -1.11% |
The Variance indicator for Procore Technologies is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The
Equity Screeners module supports multi-indicator technical analysis. Procore Technologies has a market cap of 9.13 B, operating margin of -11.57%, ROE of -7.9%. Review
Your Equity Center for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. This reflects a position in Procore Technologies. This is situated within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
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Procore Technologies has current Variance of 10.12. 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 |
| = | 10.12 | |
| 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
Procore Technologies is rated
below average for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.58 against Variance. Maximum Drawdown runs about
1.58 times Variance for Procore Technologies
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 Procore Technologies to Peers
Other Technical Indicators