Trip Group Variance
| TCOM Stock | | | USD 53.11 0.16 0.30% |
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 Trip Group's current Variance with peer comparisons and related risk metrics.
Current Variance Value
A Variance of 3.46 for Trip Group signals moderate price variability. This places Trip Group within the typical volatility range for Hotels, Resorts & Cruise Lines.
Variance | = | SUM(RET DEV)2N |
| = | 3.46 | |
| 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 6.51 for Variance, with Trip Group at 3.46 falling below that level. Readings span 2.47 (Ross Stores) to 15.14 (Expedia Group). Trip Group 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 Trip Group 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.
Trip Group shows nearly
2.77 of Maximum Drawdown per unit of Variance (
3.46 versus
9.58 ). This indicates Maximum Drawdown is significantly higher than Variance for Trip Group.
Methodology, Assumptions & Data Sources
The current Variance for Trip Group is 3.46. Variance for Trip Group 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. Trip Group operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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