Marzetti Variance
| MZTI Stock | | | 127.48 2.15 1.72% |
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 Marzetti's current Variance with peer comparisons and related risk metrics.
Current Variance Value
The current Variance of 3.78 places Marzetti at moderate price variability. This places Marzetti within the typical volatility range for Agricultural Products & Services.
Variance | = | SUM(RET DEV)2N |
| = | 3.78 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Marzetti falls below the 267.74 peer average for Variance. Treehouse Foods leads at 3103.92 while Central Garden Pet registers the lowest at 2.09. Marzetti 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 Marzetti 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
3.78 for Variance and
10.07 for Maximum Drawdown, Marzetti's cross-indicator ratio sits almost
2.66 . This indicates Maximum Drawdown is significantly higher than Variance for Marzetti.
Methodology, Assumptions & Data Sources
Marzetti's Variance currently stands at 3.78. The Variance for Marzetti is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Marzetti operates in the consumer defensive sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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