Andover Bancorp Variance
| ANDC Stock | | | USD 19.50 0.90 4.84% |
Andover Bancorp variance lookup summarizes this and related technical indicators for Andover Bancorp. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Andover Bancorp has market cap of 49.59 M, P/E of 10.8, operating margin of 33.38%. Use
Trending Equities to explore allocation context. This includes a position in Andover Bancorp across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
Andover Bancorp has current Variance of 2.44. 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.
Variance | = | SUM(RET DEV)2N |
| = | 2.44 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Andover Bancorp Variance Peers Comparison
Andover Variance Relative To Other Indicators
Andover Bancorp is rated
fifth among pink sheets in variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
3.74 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Andover Bancorp is roughly
3.74 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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