Perkins Small Variance
| JDSAX Fund | | | USD 23.70 -0.38 -1.58% |
Observed values used in the Variance indicator for Perkins Small Cap are included in this dataset. Market data gaps can influence the computed indicator values.
Risk vs Return Analysis provides context for diversified portfolio construction. The overall portfolio profile is shaped by the distribution of its holdings. Perkins Small Cap can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Perkins Small Cap's mutual fund valuation — related indicators include various price indices.
Perkins Small Cap has current Variance of 0.9854. 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 |
| = | 0.9854 | |
| 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
Perkins Small Cap is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.03 of Maximum Drawdown per Variance. At
5.03 , Perkins Small Cap'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 Perkins Small to Peers
Other Technical Indicators