IShares MSCI Variance
| SEMI Etf | | | 13.19 0.13 1.00% |
The Variance indicator for IShares MSCI is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners.
World Market Map provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. This reflects a position in iShares MSCI Global. This is situated within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
iShares MSCI Global has current Variance of 4.42. 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 |
| = | 4.42 | |
| 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 Global falls in the
third position for variance relative to ETF peers. It falls in the
second position for maximum drawdown relative to ETF peers reflecting a
2.43 ratio of Maximum Drawdown to Variance. iShares MSCI Global's Maximum Drawdown exceeds Variance by a factor of
2.43 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
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