The Specifications of metal oxide varistor application

MOVs are specified according to the voltage range that they can tolerate without damage. Other important parameters are the metal oxide varistor application energy rating in joules, operating voltage, response time, maximum current, and breakdown (clamping) voltage. Energy rating is often defined using standardized transients such as 8/20 microseconds or 10/1000 microseconds, where 8 microseconds is the transient's front time and 20 microseconds is the time to half value.
Response time
The response time of the varistors is not standardized. The sub-nanosecond MOV response claim is based on the material's intrinsic response time, but will be slowed down by other factors such as the inductance of component leads and the mounting method. That response time is also qualified as insignificant when compared to a transient having an 8 μs rise-time, thereby allowing ample time for the device to slowly turn-on. When subjected to a very fast, <1 ns rise-time transient, response times for the MOV are in the 40–60 ns range.
Capacitance

Typical capacitance for consumer-sized (7–20 mm diameter) varistors are in the range of 100–1,000 pF. Smaller, lower-capacitance varistors are available with capacitance of ~1 pF for microelectronic protection, such as in cellular phones. These low-capacitance varistors are, however, unable to withstand large surge currents simply due to their compact PCB-mount size.