VICTORY TRIVALENT Variance
| MISAX Fund | | | USD 20.02 -0.09 -0.45% |
The Variance profile for Victory Trivalent International is based on historical price and volume observations. Normalization methods and data feeds may affect reported values. Use
Correlation Analysis to better understand diversified portfolio construction. This information is provided for contextual purposes. Monitoring Victory Trivalent International within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Victory Trivalent International's mutual fund valuation — related indicators include
signals in nation.
Victory Trivalent International has current Variance of 1.23. 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 |
| = | 1.23 | |
| 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
Victory Trivalent International is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.15 of Maximum Drawdown per Variance. At
5.15 , Victory Trivalent International's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
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 VICTORY TRIVALENT to Peers
Other Technical Indicators