Environment Variance
| FSLEX Fund | | | USD 47.31 -0.29 -0.61% |
The Variance technical lookup provides context for Environment And Alternative and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Use
Investing Opportunities to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. The allocation includes a position in Environment And Alternative inside the allocation mix. 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 discontinued.
Environment And Alternative has current Variance of 1.07. 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 |
| = | 1.07 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Environment Variance Peers Comparison
Environment Variance Relative To Other Indicators
Environment And Alternative is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.86 of Maximum Drawdown per Variance. At
4.86 , Environment And Alternative'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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.