It Services Variance
| FBSOX Fund | | | USD 40.05 0.63 1.60% |
This dataset for It Services Portfolio reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations.
Investing Opportunities frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. A position in It Services Portfolio is part of the allocation. This appears in the portfolio view. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
It Services Portfolio has current Variance of 2.24. 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 |
| = | 2.24 | |
| 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
It Services Portfolio is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.63 of Maximum Drawdown per Variance. At
3.64 , It Services Portfolio'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 It Services to Peers
Other Technical Indicators