INTERNET ULTRASECTOR Variance
| INPIX Fund | | | USD 50.46 0.68 1.37% |
The Variance profile for Internet Ultrasector Profund is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context.
Risk vs Return Analysis frames the approach to diversified portfolio design. Allocation structure reflects how positions are distributed across the portfolio. Adding Internet Ultrasector Profund to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Internet Ultrasector Profund's mutual fund valuation — related indicators include
signals in gross domestic product.
Internet Ultrasector Profund has current Variance of 3.87. 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 |
| = | 3.87 | |
| 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
Internet Ultrasector Profund is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2.09 of Maximum Drawdown per Variance. At
2.09 , Internet Ultrasector Profund'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 INTERNET ULTRASECTOR to Peers
Other Technical Indicators