Small Cap Variance
| SLPSX Fund | | | USD 96.89 -0.05 -0.05% |
The Variance profile for Small Cap Profund Small Cap is based on historical price and volume observations. Normalization methods and data feeds may affect reported values.
World Market Map frames the approach to diversified portfolio design. All figures are based on reported data and are informational in nature. Small Cap Profund Small Cap can be tracked within a custom portfolio for ongoing monitoring. All values are based on available data and provided as reference information. Broader economic conditions can influence Small Cap Profund Small Cap's mutual fund valuation — related indicators include
signals in main economic indicators.
Small Cap Profund Small Cap has current Variance of 1.28. 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 |
| = | 1.28 | |
| 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
Small Cap Profund Small Cap is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.63 of Maximum Drawdown per Variance. At
4.63 , Small Cap Profund 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 Small Cap to Peers
Other Technical Indicators