Dimensional ETF Variance
| DFEV Etf | | | USD 36.16 0.66 1.86% |
The Variance reading for Dimensional ETF Trust is computed from historical trading observations. Normalization methods and data feeds may affect reported values.
Investing Opportunities provides a view into diversified allocation design. All metrics are derived from available inputs and shown for reference. Tracking Dimensional ETF Trust in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Dimensional ETF Trust's etf valuation — related indicators include
signals in median.
Dimensional ETF Trust has current Variance of 1.5. 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 |
| = | 1.5 | |
| 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 falls in the
fourth position for variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
4.35 ratio of Maximum Drawdown to Variance. Dimensional ETF Trust's Maximum Drawdown exceeds Variance by a factor of
4.35 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
Other Technical Indicators