Cebu Air Variance
| CEBCP Stock | | | 31.90 0.70 2.24% |
This dataset for Cebu Air Preferred reflects inputs used in the Variance calculation. This dataset is part of a broader indicator framework including
Equity Screeners. Cebu Air has a market cap of 26.61 B. For allocation context, review
Trending Equities. Monitoring Cebu Air Preferred within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Cebu Air Preferred's company valuation — related indicators include
signals in employment.
Cebu Air Preferred has current Variance of 5.23. 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 |
| = | 5.23 | |
| 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
Cebu Air Preferred is rated
below average for variance against industry peers. It is rated
below average for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
3.20 against Variance. Maximum Drawdown runs about
3.20 times Variance for Cebu Air Preferred
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.
Compare Cebu Air to Peers
Other Technical Indicators