PIMCO TOTAL Variance
| PTTPX Fund | | | USD 8.74 0.05 0.58% |
The Variance reading for PIMCO Total Return is computed from historical trading observations. Extended technical indicator views are accessible through
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Your Equity Center. This view summarizes available data without implying outcomes. Tracking PIMCO Total Return in a portfolio helps measure its contribution to overall performance. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence PIMCO Total Return's mutual fund valuation — related indicators include
signals in employment.
PIMCO Total Return has current Variance of 0.0803. 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 |
| = | 0.0803 | |
| 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
PIMCO Total Return is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
19.74 of Maximum Drawdown per Variance. At
19.74 , PIMCO Total Return'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 PIMCO TOTAL to Peers
Other Technical Indicators