Collins Foods Variance
| CKF Stock | | | 8.25 -0.06 -0.72% |
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. Below is Collins Foods's current Variance with peer comparisons and related risk metrics.
Current Variance Value
At 3.75, Collins Foods's Variance indicates moderate price variability. This places Collins Foods within the typical volatility range for Hotels, Restaurants & Leisure.
Variance | = | SUM(RET DEV)2N |
| = | 3.75 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Among sector peers, Collins Foods's Variance of 3.75 is below the 57.82 group average. The range runs from 6.05 (Pointsbet Holdings) to 165.03 (Energy Resources of). Collins Foods 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 Collins Foods 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.
Comparing Variance (
3.75 ) to Maximum Drawdown (
9.12 ) for Collins Foods yields a
2.43 multiple. This indicates Maximum Drawdown is significantly higher than Variance for Collins Foods.
Methodology, Assumptions & Data Sources
Collins Foods has a current Variance reading of 3.75. The Variance for Collins Foods applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Collins Foods operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators