Destinations Low Variance
| DLDFX Fund | | | USD 9.34 -0.01 -0.11% |
Destinations Low variance lookup summarizes this and related technical indicators for Destinations Low Duration. Coverage depends on data availability and normalization;
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signals in price.
Destinations Low Duration has current Variance of 0.0173. 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 |
| = | 0.0173 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Destinations Low Variance Peers Comparison
Destinations Variance Relative To Other Indicators
Destinations Low Duration is rated
below average. in variance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
62.17 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Destinations Low Duration is roughly
62.17 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.
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