Morgan Stanley Variance
| EUGDX Fund | | | USD 25.05 -0.16 -0.63% |
The Variance indicator for Morgan Stanley European is derived from observed market data. The dataset is based on observed market activity where data is available. Review
Investing Opportunities for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. Morgan Stanley European can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Morgan Stanley European's mutual fund valuation — related indicators include
signals in unemployment.
Researching Morgan Mutual Fund? See our
How to Buy Morgan Stanley guide. The guide includes approaches for both long-term investing and shorter-term trading of Morgan Mutual Fund. The guide provides a structured overview of the trading process for Morgan Stanley.
Morgan Stanley European has current Variance of 1.41. 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 |
| = | 1.41 | |
| 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
Morgan Stanley European is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.72 of Maximum Drawdown per Variance. At
3.72 , Morgan Stanley European'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 Morgan Stanley to Peers
Other Technical Indicators