COLUMBIA EMERGING Variance
| EEMAX Fund | | | USD 17.02 -0.14 -0.82% |
This dataset for Columbia Emerging Markets reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. Use
Investing Opportunities to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Portfolio tools allow users to monitor Columbia Emerging Markets alongside other positions. The information is presented without directional commentary. Broader economic conditions can influence Columbia Emerging Markets's mutual fund valuation — related indicators include
signals in nation.
Columbia Emerging Markets has current Variance of 2.38. 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 |
| = | 2.38 | |
| 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 Emerging Markets is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.64 of Maximum Drawdown per Variance. At
3.64 , Columbia Emerging Markets'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 EMERGING to Peers
Other Technical Indicators