T Rowe Variance
| PEXMX Fund | | | USD 34.31 -0.08 -0.23% |
T Rowe variance lookup summarizes this and related technical indicators for T Rowe Price. Availability can vary by instrument;
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T Rowe Price has current Variance of 1.26. 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 |
| = | 1.26 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
T Rowe Variance Peers Comparison
PEXMX Variance Relative To Other Indicators
T Rowe Price is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.55 of Maximum Drawdown per Variance. At
4.55 , 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.
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