Partners Value Variance

PVS-PH Preferred Stock  CAD 25.07  -0.19  -0.75%   
The Variance indicator for Partners Value is constructed from normalized market data. All inputs reflect available trading data across supported markets. Partners Value has operating margin of 99.56%, current ratio of 1.3. Review Your Equity Center for a broader allocation view. Tracking Partners Value Split in a portfolio helps measure its contribution to overall performance. The information is presented without directional commentary. Broader economic conditions can influence Partners Value Split's company valuation — related indicators include signals in employment.
Partners Value Split has current Variance of 0.0456. 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)2

N

 = 
0.0456
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

Partners Value Split is rated below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 16.61 of Maximum Drawdown per Variance. At 16.61 , Partners Value Split's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 Partners Value to Peers

Other Technical Indicators