Invesco Dynamic Variance
| PWV Etf | | | USD 68.60 0.21 0.31% |
The Variance calculation for Invesco Dynamic draws on price and volume history. Related screening structures are referenced through
Equity Screeners. Invesco Dynamic has a market cap of 1.27 B.
Your Equity Center can help frame allocation decisions. Adding Invesco Dynamic Large to a portfolio enables side-by-side comparison with other holdings. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence Invesco Dynamic Large's etf valuation — related indicators include
signals in private.
Invesco Dynamic Large has current Variance of 0.3497. 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 |
| = | 0.3497 | |
| 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 Dynamic Large is rated
below average for variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
7.15 ratio of Maximum Drawdown to Variance. Invesco Dynamic Large's Maximum Drawdown exceeds Variance by a factor of
7.15 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 Dynamic to Peers
Other Technical Indicators