Neuberger Berman Variance
| NFIAX Fund | | | USD 9.18 -0.01 -0.11% |
Observed values used in the Variance indicator for Neuberger Berman Floating are included in this dataset. For broader technical screening across instruments, see
Equity Screeners. Diversification context is available through
Correlation Analysis. This information is provided for contextual purposes. Portfolio tools allow users to monitor Neuberger Berman Floating alongside other positions. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Neuberger Berman Floating's mutual fund valuation — related indicators include
signals in nation.
Neuberger Berman Floating has current Variance of 0.0193. 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 |
| = | 0.0193 | |
| 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
Neuberger Berman Floating is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
39.48 of Maximum Drawdown per Variance. At
39.48 , Neuberger Berman Floating'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 Neuberger Berman to Peers
Other Technical Indicators