COHEN STEERS Variance
| MLOAX Fund | | | USD 11.98 0.10 0.84% |
The Variance indicator for Cohen Steers Mlp is derived from observed market data. The dataset is based on observed market activity where data is available. Use
Correlation Analysis to explore diversified allocation structure. The overall portfolio profile is shaped by the distribution of its holdings. Cohen Steers Mlp can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Cohen Steers Mlp's mutual fund valuation — related indicators include
signals in nation.
For information on how to trade COHEN Mutual Fund refer to our
How to Invest in COHEN STEERS guide.
Cohen Steers Mlp has current Variance of 0.9954. 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 |
| = | 0.9954 | |
| 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
Cohen Steers Mlp is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.45 of Maximum Drawdown per Variance. At
4.45 , Cohen Steers Mlp'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 COHEN STEERS to Peers
Other Technical Indicators