Apple Variance

Apple Inc -- USA Stock  

USD 174.97  0.01  0.0057%

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Apple Inc has current Variance of 1.72. 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.
Apple 
Variance 
 = 
SUM(RET DEV)2 
 = 
1.72
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

Apple Inc is rated third in variance category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  2.96  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Apple Inc is roughly  2.96 
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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Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and midsized businesses, and education, enterprise, and government customers worldwide. more
NameApple Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNASDAQ
CIK Number00320193.0
ISINUS0378331005
CUSIP037833100
CurrencyUSD - US Dollar