Dimensional ETF Variance
| DFEM Etf | | | USD 33.99 -1.19 -3.38% |
The Variance indicator for Dimensional ETF Trust is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Broader indicator relationships are reflected within
Equity Screeners. Use
Investing Opportunities to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This includes a position in Dimensional ETF Trust. The allocation reflects this within the position set. Each holding is sized according to the methodology applied to the portfolio. The information is presented without directional commentary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Dimensional ETF Trust has current Variance of 1.64. 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 |
| = | 1.64 | |
| 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
Dimensional ETF Trust lands at
#4 in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.25 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Dimensional ETF Trust sits at
4.25 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 Dimensional ETF to Peers
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