Schindler Holding Variance
| SCHN Stock | | | CHF 250.00 -2.50 -0.99% |
The Variance indicator for Schindler Holding is constructed from normalized market data. All inputs reflect available trading data across supported markets. Schindler Holding has a market cap of 26.69 B, operating margin of 11.14%, ROE of 21.05%. Review
World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. The information is presented without directional commentary. A position in Schindler Holding AG is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. All values are based on available data and provided as reference information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Schindler Holding AG has current Variance of 2.56. 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 |
| = | 2.56 | |
| 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
Schindler Holding AG is rated
below average for variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
4.66 ratio of Maximum Drawdown to Variance. Schindler Holding AG's Maximum Drawdown exceeds Variance by a factor of
4.66 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 Schindler Holding to Peers
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