BlackRock Resources Variance
| BCX Fund | | | USD 11.37 -0.45 -3.81% |
The Variance profile for BlackRock Resources Commodities is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. The
Equity Screeners framework provides wider technical analysis context. BlackRock Resources has a market cap of 1.02 B. Review
Trending Equities for a broader allocation view. Current allocation data is available for review. The allocation includes a position in BlackRock Resources Commodities. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. The data shown is informational and should not be interpreted as guidance. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in median.
BlackRock Resources Commodities has current Variance of 2.75. 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 |
| = | 2.75 | |
| 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
BlackRock Resources Commodities is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.27 of Maximum Drawdown per Variance. At
3.27 , BlackRock Resources Commodities'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 BlackRock Resources to Peers
Other Technical Indicators