COLUMBIA MID Variance
| CPXRX Fund | | | USD 14.82 -0.34 -2.24% |
The Variance profile for Columbia Mid Cap is based on historical price and volume observations. Normalization methods and data feeds may affect reported values.
Trending Equities provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.
Columbia Mid Cap has current Variance of 0.9975. 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 |
| = | 0.9975 | |
| 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
Columbia Mid Cap is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.44 of Maximum Drawdown per Variance. At
5.44 , Columbia Mid 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 COLUMBIA MID to Peers
Other Technical Indicators