The Probability and Return for the four financial instruments are given for your reference in the below table.

State of Economy

Probability

HSBC BANK

Oman Arab Bank

Pandemic

20%

4 %

26%

Recession

25%

32%

16%

Normal

30%

18%

60%

Before Pandemic

25%

50%

80%

What is the variance of HSBC BANK during the pandemic state