Iovance Biotherapeutics Variance
| IOVA Stock | | | USD 3.69 -0.18 -4.65% |
Observed values used in the Variance indicator for Iovance Biotherapeutics are included in this dataset. The information is based on observed market data across timeframes. Iovance Biotherapeutics has a market cap of 1.52 B, operating margin of -84.66%, ROE of -55.5%. Review
Risk vs Return Analysis for a broader allocation view. Portfolio composition is shown for contextual purposes. The allocation view reflects recorded position information. This view summarizes available data without implying outcomes. The allocation shows a weighting toward Iovance Biotherapeutics. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
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Iovance Biotherapeutics has current Variance of 42.9. 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 |
| = | 42.9 | |
| 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
Iovance Biotherapeutics is rated
fourth in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.09 of Maximum Drawdown per Variance. At
1.09 , Iovance Biotherapeutics'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 Iovance Biotherapeutics to Peers
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