Tyler Technologies Variance

TYL Stock  USD 338.27  -10.82  -3.10%   
The Variance profile for Tyler Technologies is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Tyler Technologies has a market cap of 15.01 B, operating margin of 13.16%, current ratio of 1.06. For allocation context, review World Market Map. Portfolio tools allow users to monitor Tyler Technologies alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Tyler Technologies's company valuation — related indicators include signals in small area income & poverty estimates.
For information on how to trade Tyler Stock refer to our How to Invest in Tyler Technologies guide.
Tyler Technologies has current Variance of 10.19. 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

 = 
10.19
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

Tyler Technologies carries a third ranking for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost 1.84 per Variance. Tyler Technologies's Maximum Drawdown registers at 1.84 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 Tyler Technologies to Peers

Other Technical Indicators