Kurv Yield Variance
| NFLP Etf | | | 25.94 0.60 2.37% |
The Variance indicator for Kurv Yield Prm is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners.
Correlation Analysis provides context for diversified portfolio design. Portfolio balance depends on how holdings are weighted relative to each other. Portfolio analysis tools can evaluate how Kurv Yield Prm fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Kurv Yield Prm's etf valuation — related indicators include
signals in board of governors.
Kurv Yield Prm has current Variance of 6.65. 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 |
| = | 6.65 | |
| 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
Kurv Yield Prm is ranked
second for variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
2.65 against Variance. Maximum Drawdown runs about
2.66 times Variance for Kurv Yield Prm
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 Kurv Yield to Peers
Other Technical Indicators