PIMCO RAFI Variance
| MFUS Etf | | | USD 57.98 -0.19 -0.33% |
The Variance calculation for PIMCO RAFI draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness. Additional screening context is available through
Equity Screeners. Review
Correlation Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Portfolio construction reflects how positions are combined across holdings. Reported data is organized for reference and does not imply a course of action. The allocation shows a weighting toward PIMCO RAFI Dynamic. The position is captured in the allocation summary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in persons.
PIMCO RAFI Dynamic has current Variance of 0.4691. 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 |
| = | 0.4691 | |
| 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
PIMCO RAFI Dynamic is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
7.67 of Maximum Drawdown per Variance. For PIMCO RAFI Dynamic, Maximum Drawdown stands at
7.67 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 PIMCO RAFI to Peers
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