CALVERT EQUITY Variance
| CEYIX Fund | | | USD 76.12 0.02 0.03% |
The Variance signal for Calvert Equity Portfolio reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Indicator reliability depends on the continuity of available trading data. Diversification context is available through
Trending Equities. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. All figures are presented for informational review and are not prescriptive. A position in Calvert Equity Portfolio appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. The information is presented without directional commentary. 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 gross domestic product.
Calvert Equity Portfolio has current Variance of 0.6995. 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 |
| = | 0.6995 | |
| 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
Calvert Equity Portfolio is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.26 of Maximum Drawdown per Variance. At
6.26 , Calvert Equity Portfolio'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 CALVERT EQUITY to Peers
Other Technical Indicators