IShares MSCI Variance
| SAWI Etf | | | 7.16 -0.06 -0.83% |
The Variance indicator for IShares MSCI is constructed from normalized market data. The depth of trading history affects the precision of the indicator. Use
World Market Map to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. This suggests a position in iShares MSCI ACWI. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares MSCI ACWI has current Variance of 0.5952. 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 |
| = | 0.5952 | |
| 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
iShares MSCI ACWI is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
6.75 of Maximum Drawdown per Variance. For iShares MSCI ACWI, Maximum Drawdown stands at
6.75 times Variance
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 IShares MSCI to Peers
Other Technical Indicators