Unum Variance
| UNMA Stock | | | USD 23.76 0.03 0.13% |
The Variance technical lookup provides context for Unum Group and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Unum has a market cap of 5.37 B. Review
World Market Map for broader portfolio context. This reflects a position in Unum Group 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 state.
Unum Group has current Variance of 0.1358. 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 |
| = | 0.1358 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Unum Variance Peers Comparison
Unum Variance Relative To Other Indicators
Unum Group is rated
below average in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
12.83 of Maximum Drawdown per Variance. At
12.83 , Unum Group'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.
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