Bowhead Specialty Variance
| BOW Stock | | | 22.60 0.16 0.71% |
This technical indicator view for Variance organizes signals for Bowhead Specialty Holdings and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Bowhead Specialty has a market cap of 740.91 M, operating margin of 13.7%, ROE of 13.12%. See
Trending Equities for portfolio-level analysis. This suggests a position in Bowhead Specialty Holdings inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Bowhead Specialty Holdings has current Variance of 5.78. 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 |
| = | 5.78 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Bowhead Specialty Variance Peers Comparison
Bowhead Variance Relative To Other Indicators
Bowhead Specialty Holdings falls in the
third position for variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
2.02 ratio of Maximum Drawdown to Variance. Bowhead Specialty Holdings's Maximum Drawdown exceeds Variance by a factor of
2.02 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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