Invesco SAMPP Variance
| PHDG ETF | | | USD 37.69 -0.16 -0.42% |
Historical market data for Invesco SAMPP 500 forms the basis of the Variance indicator shown here. The calculation draws on time-series market data across available periods. Portfolio design and allocation context appear in
Your Equity Center. Portfolio balance depends on how holdings are weighted relative to each other. Invesco SAMPP 500 can be included in a portfolio to evaluate diversification impact. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence Invesco SAMPP 500's ETF valuation — related indicators include
signals in discontinued.
Invesco SAMPP 500 has current Variance of 0.2474. 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 |
| = | 0.2474 | |
| 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
Invesco SAMPP 500 is rated
below average in variance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
12.47 Maximum Drawdown per unit of Variance. Invesco SAMPP 500 carries a
12.47 x Maximum Drawdown-to-Variance ratio
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 Invesco SAMPP to Peers
Other Technical Indicators