Service International Variance
| SCI Stock | | | USD 75.43 -0.42 -0.55% |
This module presents the Variance indicator for Service International using available market inputs. The indicator computation uses normalized market activity data. Service International has a market cap of 10.57 B, operating margin of 25.54%, ROE of 32.73%.
World Market Map can help frame allocation decisions. The overview captures current portfolio composition. This captures an allocation to Service International. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
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Service International has current Variance of 2.35. 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 |
| = | 2.35 | |
| 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
Service International is rated
below average for variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
4.30 in Maximum Drawdown for every unit of Variance. Maximum Drawdown outpaces Variance by
4.30 times for Service International
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 Service International to Peers
Other Technical Indicators