American Airlines Variance

American Airlines Group Inc has current Variance of 4.08. 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.
American Airlines 
Variance 
 = 
SUM(RET DEV)2 
 = 
4.08
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

American Airlines Group Inc is rated fourth in variance category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  1.44  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for American Airlines Group Inc is roughly  1.44 
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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American Airlines Group Inc., through its subsidiaries, operates in the airline industry. more
NameAmerican Airlines Group Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNASDAQ
CIK Number00006201.0
ISINUS02376R1023
CUSIP02376R102,001765106
Analyst Consensus
Piotroski F Score
Macroaxis Advice