Masimo Variance
| MASI Stock | | | USD 178.49 -0.01 -0.01% |
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 Masimo's current Variance with peer comparisons and related risk metrics.
Current Variance Value
Masimo's Variance of 18.32 reflects elevated price variability. This places Masimo toward the higher end of the volatility range for Health Care Equipment & Supplies.
Variance | = | SUM(RET DEV)2N |
| = | 18.32 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Among sector peers, Masimo's Variance of 18.32 is above the 10.02 group average. The range runs from 3.02 (Henry Schein) to 20.62 (Molina Healthcare). Masimo has exhibited greater price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Masimo 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.
At
18.32 for Variance and
34.90 for Maximum Drawdown, Masimo's cross-indicator ratio sits almost
1.90 . This indicates Maximum Drawdown moderately exceeds Variance for Masimo.
Methodology, Assumptions & Data Sources
Masimo has a current Variance reading of 18.32. Variance for Masimo is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Masimo operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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