Mitsubishi UFJ Variance
| MUFG Stock | | | USD 16.47 0.01 0.06% |
Mitsubishi UFJ variance lookup summarizes this and related technical indicators for Mitsubishi UFJ Financial. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Mitsubishi UFJ has a market cap of 190.25 B, operating margin of 34.84%, ROE of 6.11%. Use
Correlation Analysis to explore allocation context. This includes a position in Mitsubishi UFJ Financial in the portfolio 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 price.
Mitsubishi UFJ Financial has current Variance of 3.0. 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 |
| = | 3.0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Mitsubishi UFJ Variance Peers Comparison
Mitsubishi Variance Relative To Other Indicators
Mitsubishi UFJ Financial ranks
fifth among stocks in variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.70 Maximum Drawdown per unit of Variance. Mitsubishi UFJ Financial carries a
2.70 x Maximum Drawdown-to-Variance ratio
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.
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