Skillsoft Corp Variance
| SKIL Stock | | | USD 8.34 0.18 2.21% |
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 Skillsoft Corp's current Variance with peer comparisons and related risk metrics.
Current Variance Value
A Variance of 53.89 for Skillsoft Corp signals elevated price variability. This places Skillsoft Corp toward the higher end of the volatility range for Diversified Consumer Services.
Variance | = | SUM(RET DEV)2N |
| = | 53.89 | |
| 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 80.62 for Variance, with Skillsoft Corp at 53.89 falling below that level. Readings span 9.44 (Sunlands Technology Group) to 508.51 (TCTM Kids IT). Skillsoft Corp 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 Skillsoft Corp 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.
The Maximum Drawdown-to-Variance ratio for Skillsoft Corp sits near
0.51 , with Variance at
53.89 and Maximum Drawdown at
27.66 . This indicates Maximum Drawdown runs moderately below Variance for Skillsoft Corp. Skillsoft Corp's Variance registers at
1.95 relative to Maximum Drawdown
Methodology, Assumptions & Data Sources
Skillsoft Corp has a current Variance reading of 53.89. This Variance reading for Skillsoft Corp results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Skillsoft Corp operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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