PROG Holdings Variance
| PRG Stock | | | USD 27.75 -0.22 -0.79% |
The Variance calculation for PROG Holdings draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Related screening structures are referenced through
Equity Screeners. PROG Holdings has a market cap of 1.11 B, operating margin of 13.92%, ROE of 17.81%. Review
Your Equity Center for broader portfolio context. The overview captures current portfolio composition. The allocation includes a position in PROG Holdings. It is distributed across the allocation. The weighting is determined by the allocation framework in use. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Our
How to Buy PROG Stock guide explains the steps to invest in PROG Holdings stock.
PROG Holdings has current Variance of 7.83. 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 |
| = | 7.83 | |
| 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
PROG Holdings is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.40 Maximum Drawdown per unit of Variance. PROG Holdings carries a
2.40 x Maximum Drawdown-to-Variance ratio
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 PROG Holdings to Peers
Other Technical Indicators