Suzano Papel Variance

SUZ Stock  USD 10.01  -0.14  -1.38%   
The Variance lookup presents technical context for Suzano Papel e and related instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Suzano Papel has a market cap of 12.55 B, operating margin of 16.85%, ROE of 35.19%. World Market Map can help frame allocation decisions. The allocation includes a position in Suzano Papel e across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Suzano Papel e has current Variance of 5.39. 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)2

N

 = 
5.39
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Suzano Papel Variance Peers Comparison

Suzano Variance Relative To Other Indicators

Suzano Papel e is rated below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 3.30 of Maximum Drawdown per Variance. At 3.30 , Suzano Papel e'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 Suzano Papel to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas