Pace Alternative Standard Deviation
| PASIX Fund | | | USD 10.28 -0.02 -0.19% |
The Standard Deviation technical lookup provides context for Pace Alternative Strategies and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Your Equity Center provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Pace Alternative Strategies within the portfolio mix. 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 gross domestic product.
Pace Alternative Strategies has current Standard Deviation of 0.722. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 0.722 | |
Pace Alternative Standard Deviation Peers Comparison
Pace Standard Deviation Relative To Other Indicators
Pace Alternative Strategies is rated
fifth in standard deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
8.49 of Maximum Drawdown per Standard Deviation. At
8.49 , Pace Alternative Strategies's Maximum Drawdown-to-Standard Deviation multiple reflects the spread between these metrics
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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