Equity Series Variance
| EXEYX Fund | | | USD 12.63 -0.22 -1.71% |
The Variance profile for Equity Series Class is based on historical price and volume observations. The dataset is based on observed market activity where data is available.
Investing Opportunities frames the approach to diversified portfolio design. The dataset reflects available inputs without directional implication. Including Equity Series Class in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Equity Series Class's mutual fund valuation — related indicators include
signals in unemployment.
Equity Series Class has current Variance of 0.8952. 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 |
| = | 0.8952 | |
| 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
Equity Series Class is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.74 of Maximum Drawdown per Variance. At
4.74 , Equity Series Class'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 Equity Series to Peers
Other Technical Indicators