Valeo SA Variance

VSA2 Stock  EUR 10.14  -0.32  -3.06%   
This module presents the Variance indicator for Valeo SA using available market inputs. The underlying data comes from exchange-reported trading records. Valeo SA has a market cap of 2.46 B, operating margin of 7.04%, ROE of 5.94%. World Market Map can help frame allocation decisions. The view reflects the current state of portfolio allocation. This reflects a position in Valeo SA. It is distributed across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Valeo SA has current Variance of 5.48. 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

 = 
5.48
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

Valeo SA ranks third among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 2.01 Maximum Drawdown per unit of Variance. Valeo SA carries a 2.01 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 Valeo SA to Peers

Other Technical Indicators