Stanley Black Variance
| SWK Stock | | | USD 69.91 2.63 3.91% |
This module presents the Variance indicator for Stanley Black Decker using available market inputs. This dataset is part of a broader indicator framework including
Equity Screeners. Stanley Black has a market cap of 10.45 B, operating margin of 10.35%, ROE of 4.52%. For allocation context, review
World Market Map. The portfolio reflects a holding in Stanley Black Decker. The position falls within the allocation 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 small area income & poverty estimates.
Stanley Black Decker has current Variance of 4.66. 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 |
| = | 4.66 | |
| 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
Stanley Black Decker carries a
fourth ranking for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
2.08 per Variance. Stanley Black Decker's Maximum Drawdown registers at
2.08 relative to 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.
Compare Stanley Black to Peers
Other Technical Indicators