IShares Russell Variance
| SMMD Etf | | | USD 77.43 0.81 1.06% |
This dataset for iShares Russell 2500 reflects inputs used in the Variance calculation. Values are derived from historical price and volume observations.
World Market Map provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. Adding iShares Russell 2500 to a portfolio enables side-by-side comparison with other holdings. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence iShares Russell 2500's etf valuation — related indicators include
signals in state.
iShares Russell 2500 has current Variance of 1.21. 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 |
| = | 1.21 | |
| 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 Russell 2500 is rated
below average for variance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Variance ratio near
4.82 . The Maximum Drawdown to Variance ratio for iShares Russell 2500 comes in at
4.82 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 Russell to Peers
Other Technical Indicators