How to calculate revenue and expense variance to the budget Before analyzing what budget variances mean, they must first be calculated.

How to Calculate Accuracy of Inventory Variance. Small businesses often estimate their inventory. If you operate your business on the basis of inaccurate inventory figures, however, you may ...

Variance is a measurement of the spread between numbers in a data set. Investors use the variance equation to evaluate a portfolio’s asset allocation.

Learn how to calculate Value at Risk (VaR) to effectively assess financial risks in portfolios, using historical, variance-covariance, and Monte Carlo methods.