Strategic Advisers Variance
| FARMX Fund | | | USD 20.99 -0.43 -2.01% |
Observed values used in the Variance indicator for Strategic Advisers Small Mid are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Use
Investing Opportunities to better understand diversified portfolio construction. All values are based on available data and provided as reference information. Strategic Advisers Small Mid can be included in a portfolio to evaluate diversification impact. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Strategic Advisers Small Mid's mutual fund valuation — related indicators include
signals in state.
Strategic Advisers Small Mid has current Variance of 1.43. 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 |
| = | 1.43 | |
| 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
Strategic Advisers Small Mid is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.60 of Maximum Drawdown per Variance. At
3.60 , Strategic Advisers Small Mid'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 Strategic Advisers to Peers
Other Technical Indicators