Central Pacific Variance
| CPF Stock | | | USD 30.73 -0.13 -0.42% |
This technical indicator view for Variance organizes signals for Central Pacific Financial and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Central Pacific has a market cap of 827.26 M, operating margin of 40.23%, ROE of 13.7%. See
Trending Equities for portfolio-level analysis. This suggests a position in Central Pacific Financial across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Central Pacific Financial has current Variance of 2.74. 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 |
| = | 2.74 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Central Pacific Variance Peers Comparison
Central Variance Relative To Other Indicators
Central Pacific Financial is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
3.65 Maximum Drawdown per unit of Variance. Central Pacific Financial carries a
3.65 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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