Total Energy Variance
| TOT Stock | | | CAD 23.01 0.83 3.74% |
Observed values used in the Variance indicator for Total Energy Services are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Total Energy has a market cap of 838.43 M, operating margin of 8.86%, current ratio of 1.75. Use
World Market Map to explore allocation context. Tracking Total Energy Services in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Total Energy Services's company valuation — related indicators include
signals in inflation.
Total Energy Services has current Variance of 3.74. 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 |
| = | 3.74 | |
| 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
Total Energy Services is rated
below average in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
2.26 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Total Energy Services sits at
2.26 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 Total Energy to Peers
Other Technical Indicators