Dimensional Global Variance
| DFGP Etf | | | 53.54 -0.54 -1.00% |
The Variance profile for Dimensional Global Core is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners.
Investing Opportunities provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Diversification analysis considers the interaction of positions within a portfolio. A position in Dimensional Global Core is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. This dataset reflects observed data and is not advisory in nature. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in census.
Dimensional Global Core has current Variance of 0.0585. 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 |
| = | 0.0585 | |
| 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 Global Core is rated
below average for variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
15.82 against Variance. Maximum Drawdown runs about
15.82 times Variance for Dimensional Global Core
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 Global to Peers
Other Technical Indicators