Columbia Multi Variance
| MUST Etf | | | USD 20.50 -0.21 -1.01% |
This dataset for Columbia Multi Sector Municipal reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals.
Correlation Analysis frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. A position in Columbia Multi Sector Municipal is part of the allocation. How positions are weighted depends on the construction approach used. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in real.
Columbia Multi Sector Municipal has current Variance of 0.0997. 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 |
| = | 0.0997 | |
| 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
Columbia Multi Sector Municipal is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
14.93 of Maximum Drawdown per Variance. For Columbia Multi Sector Municipal, Maximum Drawdown stands at
14.93 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 Columbia Multi to Peers
Other Technical Indicators