Eagle Point Variance
| EICA Stock | | | USD 24.96 0.07 0.28% |
The Variance profile for Eagle Point Income is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods. Eagle Point has operating margin of 83.6%, current ratio of 0.17. Review
Investing Opportunities for a broader allocation view. Tracking Eagle Point Income in a portfolio helps measure its contribution to overall performance. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Eagle Point Income's company valuation — related indicators include
signals in housing.
Eagle Point Income has current Variance of 0.0468. 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 |
| = | 0.0468 | |
| 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
Eagle Point Income is rated
below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
20.78 of Maximum Drawdown per Variance. At
20.78 , Eagle Point Income's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Eagle Point to Peers
Other Technical Indicators