MSAD Insurance Variance
| MSADY Stock | | | USD 25.53 0.19 0.75% |
The Variance reading for MSAD Insurance Group is computed from historical trading observations. Extended technical indicator views are accessible through
Equity Screeners. MSAD Insurance has a market cap of 17.53 B, operating margin of 5.78%, current ratio of 1.83. See
Correlation Analysis for portfolio-level analysis. Tracking MSAD Insurance Group in a portfolio helps measure its contribution to overall performance. This view summarizes available data without implying outcomes. Broader economic conditions can influence MSAD Insurance Group's company valuation — related indicators include
signals in unemployment.
MSAD Insurance Group has current Variance of 2.38. 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 |
| = | 2.38 | |
| 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
MSAD Insurance Group ranks first in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.76 of Maximum Drawdown per Variance. At
2.76 , MSAD Insurance Group'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 MSAD Insurance to Peers
Other Technical Indicators