Waters Variance
| WAT Stock | | | USD 302.32 0.40 0.13% |
The Variance signal for Waters reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Waters has a market cap of 29.66 B, operating margin of 33.76%, current ratio of 2.1. See
Your Current Watchlist for portfolio-level analysis. Waters can be included in a portfolio to evaluate diversification impact. All values are based on available data and provided as reference information. Broader economic conditions can influence Waters's company valuation — related indicators include
signals in nation.
For information on how to trade Waters Stock refer to our
How to Invest in Waters guide.
Waters has current Variance of 5.49. 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 |
| = | 5.49 | |
| 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
Waters maintains a
third standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.16 of Maximum Drawdown per Variance. For Waters, Maximum Drawdown stands at
3.16 times 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 Waters to Peers
Other Technical Indicators