GATEWAY EQUITY Variance
| GCPAX Fund | | | USD 22.31 -0.05 -0.22% |
GATEWAY EQUITY variance lookup summarizes this and related technical indicators for Gateway Equity Call. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Risk vs Return Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Gateway Equity Call within the portfolio 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 nation.
Gateway Equity Call has current Variance of 0.2978. 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 |
| = | 0.2978 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
GATEWAY EQUITY Variance Peers Comparison
GATEWAY Variance Relative To Other Indicators
Gateway Equity Call is rated
below average. in variance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
10.19 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Gateway Equity Call is roughly
10.19 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.
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