NEUBERGER BERMAN Variance
| NGDCX Fund | | | USD 26.96 -0.47 -1.71% |
Technical inputs supporting the Variance indicator for Neuberger Berman Guardian are shown here. Values are derived from historical price and volume observations. Diversification context is available through
Correlation Analysis. Diversification context is built from the relationships between portfolio holdings. This includes a position in Neuberger Berman Guardian. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
Neuberger Berman Guardian has current Variance of 0.673. 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 |
| = | 0.673 | |
| 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 Guardian is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.77 of Maximum Drawdown per Variance. At
4.77 , Neuberger Berman Guardian'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
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