Quantitative Variance
| GQLVX Fund | | | USD 13.52 0.10 0.75% |
Observed values used in the Variance indicator for Quantitative U S are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Review
Risk vs Return Analysis for context on portfolio diversification. Portfolio construction reflects how positions are combined across holdings. Portfolio analysis tools can evaluate how Quantitative U S fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Quantitative U S's mutual fund valuation — related indicators include
signals in persons.
Quantitative U S has current Variance of 0.6235. 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 |
| = | 0.6235 | |
| 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
Quantitative U S is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.73 of Maximum Drawdown per Variance. At
6.73 , Quantitative U S'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.
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Other Technical Indicators