State Street Variance
| SSAFX Fund | | | USD 90.16 -0.07 -0.08% |
State Street variance lookup summarizes this and related technical indicators for State Street Aggregate. Coverage depends on data availability and normalization;
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State Street Aggregate has current Variance of 0.0375. 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 |
| = | 0.0375 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
State Street Variance Peers Comparison
State Variance Relative To Other Indicators
State Street Aggregate is rated
below average. in variance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
33.15 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for State Street Aggregate is roughly
33.15 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.
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