TTEC Holdings Variance

TTEC Stock  USD 3.05  -0.32  -9.50%   
Reference data associated with the Variance technical indicator for TTEC Holdings. Technical inputs may vary across markets and data providers.
TTEC Holdings has current Variance of 33.0. 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

 = 
33.0
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

TTEC Holdings holds the #5 position for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near 0.83 . The Variance to Maximum Drawdown ratio for TTEC Holdings comes in at 1.21
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 TTEC Holdings to Peers

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