SOUND SHORE Variance
| SSHFX Fund | | | USD 38.09 0.53 1.41% |
Historical market data for Sound Shore Fund forms the basis of the Variance indicator shown here. Cross-instrument Variance comparisons are available via
Equity Screeners. Use
World Market Map to explore diversified allocation structure. All figures are based on reported data and are informational in nature. Tracking Sound Shore Fund in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Sound Shore Fund's mutual fund valuation — related indicators include
signals in price.
Sound Shore Fund has current Variance of 0.7688. 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 |
| = | 0.7688 | |
| 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
Sound Shore Fund is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.56 of Maximum Drawdown per Variance. At
5.56 , Sound Shore Fund'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 SOUND SHORE to Peers
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