DEUTSCHE MULTI-ASSET Variance
| PPLSX Fund | | | USD 7.66 -0.13 -1.67% |
This dataset for Deutsche Multi Asset Moderate reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. This dataset is part of a broader indicator framework including
Equity Screeners. Use
Your Equity Center to explore diversified allocation structure. Understanding allocation structure supports portfolio context. The overall portfolio profile is shaped by the distribution of its holdings. The data shown is informational and should not be interpreted as guidance. The allocation includes a position in Deutsche Multi Asset Moderate. The position falls within the allocation view. The sizing of each position reflects the overall allocation strategy. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in population.
Deutsche Multi Asset Moderate has current Variance of 0.3197. 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 |
| = | 0.3197 | |
| 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
Deutsche Multi Asset Moderate ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
8.30 of Maximum Drawdown per Variance. At
8.30 , Deutsche Multi Asset Moderate'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 DEUTSCHE MULTI-ASSET to Peers
Other Technical Indicators