Western Alliance Variance
| WAL Stock | | | USD 67.97 -0.15 -0.22% |
Western Alliance variance lookup summarizes this and related technical indicators for Western Alliance Bancorporation. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Western Alliance has a market cap of 7.48 B, operating margin of 41.13%, ROE of 13.52%. Use
Your Current Watchlist to explore allocation context. This includes a position in Western Alliance Bancorporation within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Western Alliance Bancorporation has current Variance of 6.91. 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 |
| = | 6.91 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Western Alliance Variance Peers Comparison
Western Variance Relative To Other Indicators
Western Alliance Bancorporation sits atop the peer group for variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
2.41 per Variance. Western Alliance Bancorporation's Maximum Drawdown registers at
2.41 relative to Variance
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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