MULTIMANAGER LIFESTYLE Variance
| JQLMX Fund | | | USD 12.64 -0.05 -0.39% |
The Variance technical lookup provides context for Multimanager Lifestyle Moderate and related instruments. Availability can vary by instrument;
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Risk vs Return Analysis provides context for diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This reflects a position in Multimanager Lifestyle Moderate within the allocation view. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in state.
Multimanager Lifestyle Moderate has current Variance of 0.3568. 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 |
| = | 0.3568 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
MULTIMANAGER LIFESTYLE Variance Peers Comparison
MULTIMANAGER Variance Relative To Other Indicators
Multimanager Lifestyle Moderate is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
13.51 of Maximum Drawdown per Variance. At
13.51 , Multimanager Lifestyle Moderate'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.
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