JPMORGAN SMARTRETIREMENT* Variance
| JNEAX Fund | | | USD 38.03 -0.71 -1.83% |
The Variance calculation for JPMORGAN SMARTRETIREMENT* draws on price and volume history. The depth of trading history affects the precision of the indicator.
Risk vs Return Analysis provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. Portfolio tools allow users to monitor JPMorgan Smartretirement Blend alongside other positions. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence JPMorgan Smartretirement Blend's mutual fund valuation — related indicators include
signals in nation.
JPMorgan Smartretirement Blend has current Variance of 0.6795. 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 |
| = | 0.6795 | |
| 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
JPMorgan Smartretirement Blend is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.07 of Maximum Drawdown per Variance. At
6.07 , JPMorgan Smartretirement Blend'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 JPMORGAN SMARTRETIREMENT* to Peers
Other Technical Indicators