HENDERSON GLOBAL Variance
| HFQIX Fund | | | USD 7.52 -0.19 -2.46% |
Observed values used in the Variance indicator for Henderson Global Equity are included in this dataset. The information is based on observed market data across timeframes. Data coverage may vary across sources and reporting intervals.
Risk vs Return Analysis provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. The overall portfolio profile is shaped by the distribution of its holdings. The allocation includes a position in Henderson Global Equity. It is distributed across the allocation. 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 gross domestic product.
Henderson Global Equity has current Variance of 0.6472. 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 |
| = | 0.6472 | |
| 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
Henderson Global Equity is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.51 of Maximum Drawdown per Variance. At
6.51 , Henderson Global Equity'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 HENDERSON GLOBAL to Peers
Other Technical Indicators