BALANCED STRATEGY Variance
| RBLSX Fund | | | USD 11.64 -0.02 -0.17% |
This dataset for Balanced Strategy Fund reflects inputs used in the Variance calculation. Data coverage may vary across sources and reporting intervals. Portfolio design and allocation context appear in
Your Equity Center. The view supports a broader understanding of portfolio structure. Balanced Strategy Fund can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Balanced Strategy Fund's mutual fund valuation — related indicators include
signals in main economic indicators.
Balanced Strategy Fund has current Variance of 0.2596. 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 |
| = | 0.2596 | |
| 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
Balanced Strategy Fund is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
9.76 of Maximum Drawdown per Variance. At
9.76 , Balanced Strategy 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 BALANCED STRATEGY to Peers
Other Technical Indicators