CVS Health Variance

CVS Health Corporation -- USA Stock  

USD 70.87  0.61  0.85%

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CVS Health Corporation has current Variance of 3.89. 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.
CVS Health 
Variance 
 = 
SUM(RET DEV)2 
 = 
3.89
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

CVS Health Corporation is rated third in variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  1.52  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for CVS Health Corporation is roughly  1.52 
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 CVS Health to competition
CVS Health Corporationration, together with its subsidiaries, offer integrated pharmacy health care services. more
NameCVS Health Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
BBB+Good
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00064803.0
ISINUS1266501006
CUSIP126650100
CurrencyUSD - US Dollar