MID CAP Variance
| AVUAX Fund | | | USD 14.85 -0.20 -1.33% |
The Variance profile for Mid Cap Value is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Use
Trending Equities to better understand diversified portfolio construction. Allocation decisions are shaped by the composition and weighting of holdings. This reflects a position in Mid Cap Value. The allocation approach determines the relative weighting of each position. 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 nation.
Mid Cap Value has current Variance of 0.6014. 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 |
| = | 0.6014 | |
| 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
Mid Cap Value is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.59 of Maximum Drawdown per Variance. At
5.59 , Mid Cap Value'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 MID CAP to Peers
Other Technical Indicators