Stellantis Variance
| STLA Stock | | | USD 6.75 0.16 2.43% |
Historical market data for Stellantis NV forms the basis of the Variance indicator shown here. Coverage may vary depending on data availability and normalization methods. Stellantis has a market cap of 19.09 B, operating margin of -7.13%, current ratio of 1.17. Allocation context is available in
World Market Map. Including Stellantis NV in a portfolio enables allocation and risk analysis. The information is presented without directional commentary. Broader economic conditions can influence Stellantis NV's company valuation — related indicators include
signals in board of governors.
Stellantis NV has current Variance of 14.57. 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 |
| = | 14.57 | |
| 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
Stellantis NV is rated
second in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.04 of Maximum Drawdown per Variance. At
2.04 , Stellantis NV's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Stellantis to Peers
Other Technical Indicators