T ROWE Variance
| PBDIX Fund | | | USD 9.63 0.04 0.42% |
The Variance calculation for T ROWE draws on price and volume history. Data availability for the calculation period determines indicator completeness.
Your Equity Center provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Portfolio analysis tools can evaluate how T Rowe Price fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence T Rowe Price's mutual fund valuation — related indicators include
signals in gross domestic product.
T Rowe Price has current Variance of 0.0668. 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 |
| = | 0.0668 | |
| 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
T Rowe Price is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
20.05 of Maximum Drawdown per Variance. At
20.05 , T Rowe Price'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 T ROWE to Peers
Other Technical Indicators