Upstream Bio Variance

UPB Stock   9.23  -0.21  -2.22%   
This technical indicator view for Variance organizes signals for Upstream Bio and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Upstream Bio has a market cap of 1.26 B, operating margin of -55.39%, ROE of -40.8%. See World Market Map for portfolio-level analysis. This suggests a position in Upstream Bio across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Upstream Bio has current Variance of 68.94. 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

 = 
68.94
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Upstream Bio Variance Peers Comparison

Upstream Variance Relative To Other Indicators

Upstream Bio is rated second in variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 0.81 of Maximum Drawdown per Variance. At 1.24 , Upstream Bio's Variance-to-Maximum Drawdown 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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