BARON DISCOVERY Variance
| BDFIX Fund | | | USD 32.30 -0.69 -2.09% |
The Variance indicator for Baron Discovery Fund is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners.
Trending Equities frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Adding Baron Discovery Fund to a portfolio enables side-by-side comparison with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Baron Discovery Fund's mutual fund valuation — related indicators include
signals in gross domestic product.
Baron Discovery Fund has current Variance of 1.56. 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 |
| = | 1.56 | |
| 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
Baron Discovery Fund is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.05 of Maximum Drawdown per Variance. At
4.05 , Baron Discovery Fund'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 BARON DISCOVERY to Peers
Other Technical Indicators