BROWN ADVISORY Variance
| BIASX Fund | | | USD 18.77 -0.25 -1.31% |
Historical market data for Brown Advisory Small Cap forms the basis of the Variance indicator shown here. The calculation draws on time-series market data across available periods.
Trending Equities provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Portfolio tools allow users to monitor Brown Advisory Small Cap alongside other positions. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Brown Advisory Small Cap's mutual fund valuation — related indicators include
signals in main economic indicators.
Brown Advisory Small Cap has current Variance of 1.2. 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 |
| = | 1.2 | |
| 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 Small Cap is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.35 of Maximum Drawdown per Variance. At
4.35 , Brown Advisory Small Cap'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