Arcosa Variance
| ACA Stock | | | USD 127.41 -3.98 -3.03% |
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. Below is Arcosa's current Variance with peer comparisons and related risk metrics.
Current Variance Value
A Variance of 8.79 for Arcosa signals elevated price variability. This places Arcosa toward the higher end of the volatility range for Stock.
Variance | = | SUM(RET DEV)2N |
| = | 8.79 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
The peer group averages 9.66 for Variance, with Arcosa at 8.79 falling below that level. Readings span 3.47 (MSC Industrial Direct) to 23.92 (Everus Construction Group). Arcosa has exhibited less price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Arcosa and its peers. Each point represents one equity — position along the horizontal axis shows Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Arcosa's Maximum Drawdown of
18.94 runs about
2.15 times its Variance of
8.79 . This indicates Maximum Drawdown is significantly higher than Variance for Arcosa.
Methodology, Assumptions & Data Sources
Arcosa has a current Variance reading of 8.79. The Variance for Arcosa is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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