Innovator Power Variance
| PSTP Etf | | | USD 35.21 -0.09 -0.25% |
The Variance lookup presents technical context for Innovator Power Buffer and related instruments. Data availability can vary by region and feed;
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Innovator Power Buffer has current Variance of 0.1916. 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 |
| = | 0.1916 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Innovator Power Variance Peers Comparison
Innovator Variance Relative To Other Indicators
Innovator Power Buffer is rated
below average. in variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
10.91 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Innovator Power Buffer is roughly
10.91 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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