ADVANTAGE PORTFOLIO Variance
| MSPRX Fund | | | USD 21.03 -0.48 -2.23% |
The Variance indicator for Advantage Portfolio Class is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners. Portfolio design and allocation context appear in
Correlation Analysis. This information is provided for contextual purposes. Including Advantage Portfolio Class in a portfolio enables allocation and risk analysis. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence Advantage Portfolio Class's mutual fund valuation — related indicators include
signals in real.
Advantage Portfolio Class has current Variance of 3.06. 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 |
| = | 3.06 | |
| 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
Advantage Portfolio Class ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.02 of Maximum Drawdown per Variance. At
3.02 , Advantage Portfolio Class'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 ADVANTAGE PORTFOLIO to Peers
Other Technical Indicators