SIIT SMALL Variance
| SECAX Fund | | | USD 11.59 0.10 0.87% |
The Variance profile for Siit Small Cap is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods.
World Market Map frames the approach to diversified portfolio design. Allocation structure reflects how positions are distributed across the portfolio. Monitoring Siit Small Cap within a portfolio highlights how it interacts with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Siit Small Cap's mutual fund valuation — related indicators include
signals in nation.
Siit Small Cap has current Variance of 2.67. 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 |
| = | 2.67 | |
| 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
Siit Small Cap ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.54 of Maximum Drawdown per Variance. At
4.54 , Siit Small Cap'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 SIIT SMALL to Peers
Other Technical Indicators