SPDR SAMPP Variance
| KCE Etf | | | USD 136.02 -0.74 -0.54% |
The Variance indicator for SPDR SAMPP is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. SPDR SAMPP has a market cap of 59.3 M. Allocation context is available in
Correlation Analysis. Portfolio composition is shown for contextual purposes. A position in SPDR SAMPP Capital is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in median.
SPDR SAMPP Capital has current Variance of 2.1. 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 |
| = | 2.1 | |
| 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
SPDR SAMPP Capital holds the
#2 position for variance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Variance ratio near
3.41 . The Maximum Drawdown to Variance ratio for SPDR SAMPP Capital comes in at
3.41 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 SPDR SAMPP to Peers
Other Technical Indicators