SIMT TAX-MANAGED Variance
| STMSX Fund | | | USD 23.70 0.11 0.47% |
Technical inputs supporting the Variance indicator for Simt Tax Managed Smallmid are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. Cross-instrument Variance comparisons are available via
Equity Screeners.
World Market Map provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. Diversification context is built from the relationships between portfolio holdings. The allocation includes a position in Simt Tax Managed Smallmid. The position falls within the allocation view. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in population.
Simt Tax Managed Smallmid has current Variance of 1.16. 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 |
| = | 1.16 | |
| 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
Simt Tax Managed Smallmid is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.75 of Maximum Drawdown per Variance. At
4.75 , Simt Tax Managed Smallmid'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 SIMT TAX-MANAGED to Peers
Other Technical Indicators