Merlin Properties Variance
| MRL Stock | | | EUR 13.45 0.05 0.37% |
Technical inputs supporting the Variance indicator for Merlin Properties SOCIMI are shown here. Values are derived from historical price and volume observations. Merlin Properties has a market cap of 3.69 B, operating margin of 79.96%, current ratio of 1.01. See
Correlation Analysis for additional portfolio context. Portfolio analysis tools can evaluate how Merlin Properties SOCIMI fits within a broader allocation. This information is provided for contextual purposes. Broader economic conditions can influence Merlin Properties SOCIMI's company valuation — related indicators include
signals in inflation.
Merlin Properties SOCIMI has current Variance of 9.37. 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 |
| = | 9.37 | |
| 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
Merlin Properties SOCIMI maintains a
second standing in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.39 of Maximum Drawdown per Variance. For Merlin Properties SOCIMI, Maximum Drawdown stands at
2.39 times 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 Merlin Properties to Peers
Other Technical Indicators