ECB Bancorp Variance
| ECBK Stock | | | USD 16.88 0.95 5.96% |
The Variance profile for ECB Bancorp is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. ECB Bancorp has a market cap of 140.13 M, operating margin of 40.27%, ROE of 4.57%. For allocation context, review
Investing Opportunities. This includes a position in ECB Bancorp. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Discover how to invest in ECB Stock by reading our
How to Buy ECB Stock guide. It offers practical guidance on account setup, order types, and timing for ECB Bancorp.
ECB Bancorp has current Variance of 1.44. 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 |
| = | 1.44 | |
| 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
ECB Bancorp is rated
below average for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
4.73 per Variance. ECB Bancorp's Maximum Drawdown registers at
4.73 relative to Variance
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 ECB Bancorp to Peers
Other Technical Indicators