IShares Russell Variance
| IWM ETF | | | USD 247.44 -4.38 -1.74% |
This dataset for iShares Russell 2000 reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations. IShares Russell has a market cap of 52.16 B. See
Risk vs Return Analysis for additional portfolio context. Monitoring iShares Russell 2000 within a portfolio highlights how it interacts with other holdings. All figures are based on reported data and are informational in nature. Broader economic conditions can influence iShares Russell 2000's ETF valuation — related indicators include
signals in persons.
iShares Russell 2000 has current Variance of 1.51. 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 |
| = | 1.51 | |
| 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 Russell 2000 takes the leading position in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3.89 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for iShares Russell 2000 sits at
3.89 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 Russell to Peers
Other Technical Indicators