Shattuck Labs Variance
| STTK Stock | | | USD 7.74 0.09 1.18% |
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 Shattuck Labs's current Variance with peer comparisons and related risk metrics.
Current Variance Value
Shattuck Labs carries a Variance of 17.52, consistent with elevated price variability. This places Shattuck Labs toward the higher end of the volatility range for Biotechnology.
Variance | = | SUM(RET DEV)2N |
| = | 17.52 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Shattuck Labs's Variance of 17.52 falls below the 42.3 peer average. Values range from 14.6 (Metagenomi Common Stock) to 143.11 (Zentalis Pharmaceuticals Llc), with wide dispersion across the group. Shattuck Labs 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 Shattuck Labs 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 Shattuck Labs sits near
1.37 , with Variance at
17.52 and Maximum Drawdown at
23.94 . This indicates Maximum Drawdown moderately exceeds Variance for Shattuck Labs.
Methodology, Assumptions & Data Sources
The current Variance for Shattuck Labs is 17.52. Variance for Shattuck Labs 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. Shattuck Labs 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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