Global Business Variance
| GBTG Stock | | | USD 5.54 0.01 0.18% |
Historical market data for Global Business Travel forms the basis of the Variance indicator shown here. Coverage may vary depending on data availability and normalization methods. Global Business has a market cap of 2.9 B, operating margin of 5.68%, current ratio of 1.55. For allocation context, review
Risk vs Return Analysis. Global Business Travel can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Global Business Travel's company valuation — related indicators include
signals in population.
Global Business Travel has current Variance of 9.77. 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 |
| = | 9.77 | |
| 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
Global Business Travel is rated
below average in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.78 Maximum Drawdown per unit of Variance. Global Business Travel carries a
1.78 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.
Compare Global Business to Peers
Other Technical Indicators