Alphabet Variance

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Alphabet Inc has current Variance of 1.22. 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.
Alphabet 
Variance 
 = 
SUM(RET DEV)2 
 = 
1.22
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

Alphabet Inc is rated # 4 in variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  3.52  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Alphabet Inc is roughly  3.52 
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 Alphabet to competition
Alphabet Inc., through its subsidiaries, offer online advertising services in the United States, the United Kingdom, and rest of the world. more
NameAlphabet Inc
Analyst Consensus
Macroaxis Advice
Bond Rating
InstrumentUSA Stock
ExchangeNASDAQ
ISINUS02079K1079
CurrencyUSD - US Dollar