Invesco Floating Variance
| AFRRX Fund | | | USD 6.34 0.01 0.16% |
Technical inputs supporting the Variance indicator for Invesco Floating Rate are shown here. Coverage differences may occur across instruments and market segments.
Trending Equities frames the approach to diversified portfolio design. All metrics are derived from available inputs and shown for reference. Invesco Floating Rate can be added to a watchlist or portfolio for position tracking. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence Invesco Floating Rate's mutual fund valuation — related indicators include
signals in real.
Invesco Floating Rate has current Variance of 0.02. 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 |
| = | 0.02 | |
| 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
Invesco Floating Rate is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
47.02 of Maximum Drawdown per Variance.
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 Invesco Floating to Peers
Other Technical Indicators