Paysign Variance
| PAYS Stock | | | USD 3.44 -0.10 -2.82% |
The Variance technical lookup provides context for Paysign and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Paysign has a market cap of 189.35 M, operating margin of 7.32%, ROE of 20.37%. Use
Your Equity Center to explore allocation context. This reflects a position in Paysign within the allocation 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 manufacturing.
For information on how to trade Paysign Stock refer to our
How to Trade Paysign Stock guide.
Paysign has current Variance of 7.43. 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 |
| = | 7.43 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Paysign Variance Peers Comparison
Paysign Variance Relative To Other Indicators
Paysign is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.85 of Maximum Drawdown per Variance. For Paysign, Maximum Drawdown stands at
1.85 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.
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