ACCESS CAPITAL Variance
| ACCSX Fund | | | USD 7.81 -0.04 -0.51% |
This dataset for Access Capital Munity reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. For portfolio construction context, review
Trending Equities. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. A position in Access Capital Munity appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. No forward-looking guarantees are expressed or implied by this data. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in population.
Access Capital Munity has current Variance of 0.0458. 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)2N |
| = | 0.0458 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Access Capital Munity is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
22.34 of Maximum Drawdown per Variance. At
22.34 , Access Capital Munity's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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.
Compare ACCESS CAPITAL to Peers
Other Technical Indicators