VanEck LongFlat Variance
| LFEQ Etf | | | USD 52.21 0.30 0.58% |
The Variance indicator for VanEck LongFlat Trend is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. Review
Correlation Analysis to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Monitoring VanEck LongFlat Trend within a portfolio highlights how it interacts with other holdings. This information is provided for contextual purposes. Broader economic conditions can influence VanEck LongFlat Trend's etf valuation — related indicators include
signals in median.
VanEck LongFlat Trend has current Variance of 0.6119. 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 |
| = | 0.6119 | |
| 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
VanEck LongFlat Trend is rated
below average for variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
5.99 against Variance. Maximum Drawdown runs about
5.99 times Variance for VanEck LongFlat Trend
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 VanEck LongFlat to Peers
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