Boundless Bio Variance
| BOLD Stock | | | USD 1.13 -0.02 -1.74% |
Technical inputs supporting the Variance indicator for Boundless Bio Common are shown here. Additional screening context is available through
Equity Screeners. Boundless Bio has a market cap of 25.32 M, current ratio of 12.8. Use
Trending Equities to view allocation positioning. Boundless Bio Common can be tracked within a custom portfolio for ongoing monitoring. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence Boundless Bio Common's company valuation — related indicators include
signals in board of governors.
Boundless Bio Common has current Variance of 4.75. 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 |
| = | 4.75 | |
| 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
Boundless Bio Common is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
2.08 . The Maximum Drawdown to Variance ratio for Boundless Bio Common comes in at
2.08 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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