BROWN ADVISORY Variance
| BAFGX Fund | | | USD 8.53 -0.13 -1.50% |
Observed values used in the Variance indicator for Brown Advisory Growth are included in this dataset. The information is based on observed market data across timeframes. Data coverage may vary across sources and reporting intervals.
Trending Equities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. The allocation shows a weighting toward Brown Advisory Growth. The position is captured in the allocation summary. 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 census.
Brown Advisory Growth has current Variance of 0.8922. 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 |
| = | 0.8922 | |
| 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
Brown Advisory Growth is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.78 of Maximum Drawdown per Variance. At
4.78 , Brown Advisory Growth'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 BROWN ADVISORY to Peers
Other Technical Indicators