Home Depot Variance

The Home Depot Inc -- USA Stock  

USD 167.5  0.24  0.14%

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The Home Depot Inc has current Variance of 0.7109. 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.
Home Depot 
Variance 
 = 
SUM(RET DEV)2 
 = 
0.7109
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

The Home Depot Inc is rated below average in variance category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  4.47  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for The Home Depot Inc is roughly  4.47 
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 Home Depot to competition
The Home Depot, Inc. operates as a home improvement retailer. more
NameThe Home Depot Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00354950.0
ISINUS4370761029
CUSIP437076102
CurrencyUSD - US Dollar