SEI Insti Variance
| SCXIX Fund | | | USD 9.57 0.04 0.42% |
The Variance indicator for SEI Insti is constructed from normalized market data. The
Equity Screeners module supports multi-indicator technical analysis.
World Market Map frames the approach to diversified portfolio design. Allocation structure reflects how positions are distributed across the portfolio. Tracking Sei Insti Mgd in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Sei Insti Mgd's mutual fund valuation — related indicators include
signals in gross domestic product.
Sei Insti Mgd has current Variance of 0.0643. 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 |
| = | 0.0643 | |
| 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
Sei Insti Mgd ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
20.99 of Maximum Drawdown per Variance. At
20.99 , Sei Insti Mgd'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 SEI Insti to Peers
Other Technical Indicators