Income Financial Variance
| INC-UN Stock | | | CAD 8.59 0.34 4.12% |
Historical market data for Income Financial Trust forms the basis of the Variance indicator shown here. Cross-instrument Variance comparisons are available via
Equity Screeners. Income Financial has a market cap of 29.59 M, operating margin of 88.69%, ROE of 29.01%.
Risk vs Return Analysis adds portfolio-level perspective. The allocation includes a position in Income Financial Trust. The position falls within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Income Financial Trust has current Variance of 31.99. 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 |
| = | 31.99 | |
| 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
Income Financial Trust ranks first in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
0.98 of Maximum Drawdown per Variance. At
1.02 , Income Financial Trust's Variance-to-Maximum Drawdown 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 Income Financial to Peers
Other Technical Indicators