Invesco SAMPP Variance
| RFV Etf | | | USD 126.52 -0.17 -0.13% |
The Variance signal for Invesco SAMPP MidCap reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Review
Your Equity Center to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Portfolio construction reflects how positions are combined across holdings. This reflects a position in Invesco SAMPP MidCap. This is situated within the portfolio mix. The allocation framework shapes how individual positions are weighted. This dataset reflects observed data and is not advisory in nature. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in price.
Invesco SAMPP MidCap has current Variance of 1.26. 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 |
| = | 1.26 | |
| 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 SAMPP MidCap falls in the
fifth position for variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
4.56 ratio of Maximum Drawdown to Variance. Invesco SAMPP MidCap's Maximum Drawdown exceeds Variance by a factor of
4.56 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 SAMPP to Peers
Other Technical Indicators