Truist Financial Variance
| TFC-PR Preferred Stock | | | USD 18.43 -0.33 -1.76% |
The Variance calculation for Truist Financial draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Truist Financial has operating margin of 38.67%, ROE of 9.76%. Review
World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. This dataset reflects observed data and is not advisory in nature. The portfolio reflects a holding in Truist Financial. The weighting is visible within the allocation breakdown. The relative size of each holding follows the allocation framework. All figures are presented for informational review and are not prescriptive. 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.
Truist Financial has current Variance of 0.267. 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 |
| = | 0.267 | |
| 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
Truist Financial is rated
below average for variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
8.90 against Variance. Maximum Drawdown runs about
8.90 times Variance for Truist Financial
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 Truist Financial to Peers
Other Technical Indicators