Poplar Forest Variance

PFPFX Fund  USD 54.41  0.45  0.83%   
Observed values used in the Variance indicator for Poplar Forest Partners are included in this dataset. For broader technical screening across instruments, see Equity Screeners. Use Your Equity Center to better understand diversified portfolio construction. Position sizing and allocation together define the portfolio construction approach. Portfolio tools allow users to monitor Poplar Forest Partners alongside other positions. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Poplar Forest Partners's mutual fund valuation — related indicators include signals in price.
Poplar Forest Partners has current Variance of 0.6296. 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)2

N

 = 
0.6296
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

Poplar Forest Partners is rated fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 5.85 of Maximum Drawdown per Variance. At 5.85 , Poplar Forest Partners'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 Poplar Forest to Peers

Other Technical Indicators