THE GROWTH Variance
| CFGRX Fund | | | USD 44.42 0.25 0.57% |
The Variance indicator for The Growth Fund is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. Review
Trending Equities for context on portfolio diversification. All figures are based on reported data and are informational in nature. Portfolio tools allow users to monitor The Growth Fund alongside other positions. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence The Growth Fund's mutual fund valuation — related indicators include
signals in real.
The Growth Fund has current Variance of 0.7624. 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 |
| = | 0.7624 | |
| 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
The Growth Fund is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.24 of Maximum Drawdown per Variance. At
5.24 , The Growth 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 THE GROWTH to Peers
Other Technical Indicators