Union Bankshares Semi Variance
| UNB Stock | | | USD 24.55 -0.43 -1.72% |
Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level. Below is Union Bankshares's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
With Semi Variance at 4.05, Union Bankshares shows elevated price variability. This places Union Bankshares toward the higher end of the volatility range for Regional Banks.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 4.05 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Union Bankshares falls above the 2.02 peer average for Semi Variance. First Guaranty Bancshares leads at 6.23 while Provident Financial Holdings registers the lowest at 0.2006. Union Bankshares has exhibited greater price dispersion than the peer average over the measured period.
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for Union Bankshares and its peers. Each point represents one equity — position along the horizontal axis shows Semi Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Union Bankshares's Maximum Drawdown of
12.17 runs about
3.01 times its Semi Variance of
4.05 . This indicates Maximum Drawdown is significantly higher than Semi Variance for Union Bankshares.
Methodology, Assumptions & Data Sources
Union Bankshares has a current Semi Variance reading of 4.05. The Semi Variance for Union Bankshares is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Union Bankshares operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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