COMMODITYREALRETURN Variance
| PCRAX Fund | | | USD 15.97 -0.01 -0.06% |
Observed values used in the Variance indicator for Commodityrealreturn Strategy Fund are included in this dataset. For broader technical screening across instruments, see
Equity Screeners. Review
Your Equity Center for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. Portfolio analysis tools can evaluate how Commodityrealreturn Strategy Fund fits within a broader allocation. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Commodityrealreturn Strategy Fund's mutual fund valuation — related indicators include
signals in nation.
Commodityrealreturn Strategy Fund has current Variance of 1.98. 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 |
| = | 1.98 | |
| 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
Commodityrealreturn Strategy Fund is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.73 of Maximum Drawdown per Variance. At
3.73 , Commodityrealreturn Strategy Fund'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 COMMODITYREALRETURN to Peers
Other Technical Indicators