Pan American Variance
| PAAS Stock | | | CAD 66.32 -4.70 -6.62% |
The Variance profile for Pan American Silver is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Pan American has a market cap of 29.96 B, operating margin of 34.88%, ROE of 16.73%. Portfolio-level context is available through
Your Equity Center. The view reflects the current state of portfolio allocation. The portfolio view uses available data to frame composition. The holding in Pan American Silver represents an allocation. This is situated within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Pan American Silver has current Variance of 15.79. 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 |
| = | 15.79 | |
| 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
Pan American Silver lands at
#5 in variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.31 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Pan American Silver sits at
1.31 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 Pan American to Peers
Other Technical Indicators