Gabelli Global Variance
| GCFSX Fund | | | USD 20.03 -0.11 -0.55% |
The Variance calculation for Gabelli Global draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness.
Risk vs Return Analysis provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. A position in Gabelli Global Financial is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. The dataset reflects available inputs without directional implication. 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 population.
Gabelli Global Financial has current Variance of 0.5738. 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 |
| = | 0.5738 | |
| 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
Gabelli Global Financial is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.50 of Maximum Drawdown per Variance. At
5.50 , Gabelli Global Financial'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 Gabelli Global to Peers
Other Technical Indicators