BW LPG Variance
| BWLP Stock | | | 13.59 -0.53 -3.75% |
The Variance technical lookup provides context for BW LPG Limited and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. BW LPG has a market cap of 2.06 B, operating margin of 15.82%, ROE of 15.0%. See
Trending Equities for portfolio-level analysis. This reflects a position in BW LPG Limited in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
BW LPG Limited has current Variance of 6.6. 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 |
| = | 6.6 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
BW LPG Variance Peers Comparison
BWLP Variance Relative To Other Indicators
BW LPG Limited is ranked
fifth for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
2.35 against Variance. Maximum Drawdown runs about
2.35 times Variance for BW LPG Limited
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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