WESCO International Variance
| WCC Stock | | | USD 256.11 -1.08 -0.42% |
The Variance technical lookup provides context for WESCO International and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. WESCO International has a market cap of 12.46 B, operating margin of 5.54%, ROE of 12.86%. Use
Your Current Watchlist to explore allocation context. This reflects a position in WESCO International 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 private.
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WESCO International has current Variance of 6.57. 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 |
| = | 6.57 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
WESCO International Variance Peers Comparison
WESCO Variance Relative To Other Indicators
WESCO International holds the
#3 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
1.87 . The Maximum Drawdown to Variance ratio for WESCO International comes in at
1.87 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.
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