RBC Bearings Variance
| RBC Stock | | | USD 531.11 -9.72 -1.80% |
The Variance indicator for RBC Bearings is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners. RBC Bearings has a market cap of 16.79 B, operating margin of 22.44%, ROE of 8.66%. Use
Your Equity Center to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. A position in RBC Bearings Incorporated is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
RBC Bearings Incorporated has current Variance of 2.03. 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 |
| = | 2.03 | |
| 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
RBC Bearings Incorporated 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
3.63 . The Maximum Drawdown to Variance ratio for RBC Bearings Incorporated comes in at
3.63 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 RBC Bearings to Peers
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