WEC Energy Variance
| WEC Stock | | | USD 112.23 -3.41 -2.95% |
Technical inputs supporting the Variance indicator for WEC Energy Group are shown here. The information is based on observed market data across timeframes. WEC Energy has a market cap of 37.64 B, operating margin of 21.31%, ROE of 11.58%. See
Your Current Watchlist for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. The dataset is presented as structured reference material for independent review. A position in WEC Energy Group is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
WEC Energy Group has current Variance of 0.7277. 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 |
| = | 0.7277 | |
| 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
WEC Energy Group is rated
below average 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
5.35 . The Maximum Drawdown to Variance ratio for WEC Energy Group comes in at
5.35 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 WEC Energy to Peers
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