HARDING LOEVNER Variance
| HLEMXDelisted Fund | | | USD 23.45 0.00 0.00% |
The Variance calculation for HARDING LOEVNER draws on price and volume history. Related screening structures are referenced through
Equity Screeners.
Risk vs Return Analysis provides a view into diversified allocation design. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Harding Loevner Emerging's mutual fund valuation — related indicators include
signals in state.
Harding Loevner Emerging has current Variance of 0.4729. 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 |
| = | 0.4729 | |
| 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
Harding Loevner Emerging is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
7.14 of Maximum Drawdown per Variance. At
7.14 , Harding Loevner Emerging'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.
Other Technical Indicators