Polaris Infrastructure Variance
| PIF Stock | | | CAD 12.05 -0.03 -0.25% |
Polaris Infrastructure variance lookup summarizes this and related technical indicators for Polaris Infrastructure. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Polaris Infrastructure has a market cap of 253.49 M, operating margin of 33.14%, ROE of -1.12%. Use
Your Equity Center to explore allocation context. This includes a position in Polaris Infrastructure 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 inflation.
Polaris Infrastructure has current Variance of 0.9585. 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 |
| = | 0.9585 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Polaris Infrastructure Variance Peers Comparison
Polaris Variance Relative To Other Indicators
Polaris Infrastructure is rated
below average. in variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
5.66 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Polaris Infrastructure is roughly
5.66 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.