Marine Bancorp Variance vs. Value At Risk

MBOF Stock  USD 39.60  0.10  0.25%   
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Marine Bancorp of has current Variance of 0.1432. 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

 = 
0.1432
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Marine Bancorp Variance Peers Comparison

Marine Variance Relative To Other Indicators

Marine Bancorp of is rated below average in variance category among its peers. It is currently under evaluation in value at risk category among its peers .
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 Marine Bancorp to Peers

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