WixCom Variance
| WIX Stock | | | USD 89.82 1.39 1.57% |
Technical inputs supporting the Variance indicator for WixCom are shown here. Values are derived from historical price and volume observations. WixCom has a market cap of 5.16 B, operating margin of -13.66%, ROE of -7.54%. Portfolio-level context is available through
Your Current Watchlist. The allocation shows a weighting toward WixCom. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
New to investing in WixCom Stock? Start with our
How to Buy WixCom Stock step-by-step guide. It provides a clear overview of how to add WixCom to your portfolio. It is a useful companion to the data and analysis available on this page for WixCom Stock.
WixCom has current Variance of 13.49. 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 |
| = | 13.49 | |
| 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
WixCom is rated
fifth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.19 of Maximum Drawdown per Variance. At
1.19 , WixCom's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 WixCom to Peers
Other Technical Indicators