Strattec Security Variance
| STRT Stock | | | USD 73.72 -0.28 -0.38% |
Strattec Security variance lookup summarizes this and related technical indicators for Strattec Security. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Strattec Security has a market cap of 309.71 M, operating margin of 5.84%, ROE of 11.38%.
World Market Map can help frame allocation decisions. The allocation includes a position in Strattec Security in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Our
How to Buy Strattec Stock guide explains the steps to invest in Strattec Security stock.
Strattec Security has current Variance of 5.96. 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 |
| = | 5.96 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Strattec Security Variance Peers Comparison
Strattec Variance Relative To Other Indicators
Strattec Security is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.69 of Maximum Drawdown per Variance. For Strattec Security, Maximum Drawdown stands at
1.69 times Variance
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.
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