Bank of America Variance
| BAC Stock | | | EUR 43.46 -0.12 -0.28% |
Technical inputs supporting the Variance indicator for Verizon Communications are shown here. Availability can differ across markets, exchanges, and instruments. Bank of America has a market cap of 184.53 B, operating margin of 20.99%, current ratio of 0.89. Review
Trending Equities for broader portfolio context. Portfolio analysis tools can evaluate how Verizon Communications fits within a broader allocation. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Verizon Communications's company valuation — related indicators include
signals in inflation.
For information on how to trade Bank Stock refer to our
How to Invest in Bank of America guide. It explains the process for buying and trading Bank Stock effectively.
Verizon Communications has current Variance of 3.46. 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 |
| = | 3.46 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Verizon Communications is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
3.58 Maximum Drawdown per unit of Variance. Verizon Communications carries a
3.58 x Maximum Drawdown-to-Variance ratio
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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Other Technical Indicators