Mission Bancorp Variance
| MSBC Stock | | | USD 100.50 0.00 0.00% |
The Variance calculation for Mission Bancorp draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Related screening structures are referenced through
Equity Screeners. Mission Bancorp has a market cap of 28.62 M, operating margin of 53.47%, ROE of 18.27%. Portfolio-level context is available through
Correlation Analysis. The view reflects the current state of portfolio allocation. The portfolio view uses available data to frame composition. The allocation shows a weighting toward Mission Bancorp. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. This dataset reflects observed data and is not advisory in nature. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Mission Bancorp has current Variance of 0.2736. 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 |
| = | 0.2736 | |
| 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
Mission Bancorp is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
12.49 . The Maximum Drawdown to Variance ratio for Mission Bancorp comes in at
12.49 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 Mission Bancorp to Peers
Other Technical Indicators