Selective Insurance Variance
| SV2 Stock | | | EUR 63.50 -1.50 -2.31% |
This dataset for Selective Insurance Group reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations. Selective Insurance has a market cap of 3.96 B, operating margin of 15.33%, ROE of 13.86%. Allocation context is available in
World Market Map. A position in Selective Insurance Group is part of the allocation. How positions are weighted depends on the construction approach used. 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.
Selective Insurance Group has current Variance of 2.65. 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 |
| = | 2.65 | |
| 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
Selective Insurance Group is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
3.03 Maximum Drawdown per unit of Variance. Selective Insurance Group carries a
3.03 x Maximum Drawdown-to-Variance ratio
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 Selective Insurance to Peers
Other Technical Indicators