IShares III Variance
| IEGA Etf | | | EUR 108.11 -0.75 -0.69% |
Technical inputs supporting the Variance indicator for iShares III Public are shown here. Values are derived from historical price and volume observations. Use
Risk vs Return Analysis to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Position sizing and allocation together define the portfolio construction approach. The information is analytical in nature and is not intended as a specific recommendation. A position in iShares III Public appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. The content reflects structured data inputs rather than subjective analysis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares III Public has current Variance of 0.0707. 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 |
| = | 0.0707 | |
| 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
iShares III Public is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
15.13 of Maximum Drawdown per Variance. For iShares III Public, Maximum Drawdown stands at
15.13 times Variance
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 IShares III to Peers
Other Technical Indicators