EValuator Moderate Variance
| EVMLX Fund | | | USD 11.03 -0.20 -1.78% |
The Variance indicator for Evaluator Moderate Rms is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. For portfolio construction context, review
Investing Opportunities. This information is provided for contextual purposes. Evaluator Moderate Rms can be added to a watchlist or portfolio for position tracking. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Evaluator Moderate Rms's mutual fund valuation — related indicators include
signals in board of governors.
Evaluator Moderate Rms has current Variance of 1.39. 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 |
| = | 1.39 | |
| 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
Evaluator Moderate Rms ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.72 of Maximum Drawdown per Variance. At
6.72 , Evaluator Moderate Rms'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 EValuator Moderate to Peers
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