IShares MSCI Variance
| KWT ETF | | | USD 36.30 0.19 0.53% |
This module presents the Variance indicator for iShares MSCI Kuwait using available market inputs. The indicator computation uses normalized market activity data.
Correlation Analysis provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Portfolio tools allow users to monitor iShares MSCI Kuwait alongside other positions. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence iShares MSCI Kuwait's ETF valuation — related indicators include
signals in persons.
iShares MSCI Kuwait has current Variance of 0.9974. 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 |
| = | 0.9974 | |
| 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 MSCI Kuwait maintains a
fourth standing in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
7.15 of Maximum Drawdown per Variance. For iShares MSCI Kuwait, Maximum Drawdown stands at
7.15 times Variance
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 MSCI to Peers
Other Technical Indicators