Paradigm Micro Variance
| PVIVX Fund | | | USD 44.77 -1.05 -2.29% |
The Variance indicator for Paradigm Micro Cap Fund is derived from observed market data. Some instruments may report limited inputs depending on trading history. Review
Your Equity Center to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. The holding in Paradigm Micro Cap Fund represents an allocation. The weighting is determined by the allocation framework in use. 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 manufacturing.
Paradigm Micro Cap Fund has current Variance of 1.91. 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 |
| = | 1.91 | |
| 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
Paradigm Micro Cap Fund is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.70 of Maximum Drawdown per Variance. At
3.70 , Paradigm Micro Cap Fund'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 Paradigm Micro to Peers
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