IShares Equity Variance
| LRGF Etf | | | USD 66.86 -0.38 -0.57% |
IShares Equity variance lookup summarizes this and related technical indicators for iShares Equity Factor. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Use
Correlation Analysis to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in iShares Equity Factor in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in census.
iShares Equity Factor has current Variance of 0.5661. 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 |
| = | 0.5661 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
IShares Equity Variance Peers Comparison
IShares Variance Relative To Other Indicators
iShares Equity Factor is rated
below average in variance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
7.16 Maximum Drawdown per unit of Variance. iShares Equity Factor carries a
7.16 x Maximum Drawdown-to-Variance ratio
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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