Invesco SAMPP Variance
| RSPN Etf | | | 57.54 -0.84 -1.44% |
This dataset for Invesco SAMPP 500 reflects inputs used in the Variance calculation. All values reflect available price and volume data across reporting intervals. Use
Your Equity Center to better understand diversified portfolio construction. Position sizing and allocation together define the portfolio construction approach. The portfolio reflects a holding in Invesco SAMPP 500. The weighting is visible within the allocation breakdown. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Invesco SAMPP 500 has current Variance of 1.11. 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 |
| = | 1.11 | |
| 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 500 lands at
#4 in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.65 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Invesco SAMPP 500 sits at
4.65 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