Western Union Variance vs. Downside Variance

WU Stock  USD 12.89  0.04  0.31%   
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Western Union Co has current Variance of 1.51. 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

 = 
1.51
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period

Western Union Variance Peers Comparison

Western Variance Relative To Other Indicators

Western Union Co is rated below average in variance category among related companies. It is currently under evaluation in downside variance category among related companies reporting about  0.95  of Downside Variance per Variance. The ratio of Variance to Downside Variance for Western Union Co is roughly  1.05 
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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