STERLING CAPITAL Variance
| STRBX Fund | | | USD 20.02 0.44 2.25% |
The Variance indicator for STERLING CAPITAL is constructed from normalized market data. The depth of trading history affects the precision of the indicator.
World Market Map provides context for diversified portfolio design. Portfolio balance depends on how holdings are weighted relative to each other. Tracking Sterling Capital Behavioral in a portfolio provides context for performance attribution. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Sterling Capital Behavioral's mutual fund valuation — related indicators include
signals in bureau of labor statistics.
Sterling Capital Behavioral has current Variance of 1.02. 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 |
| = | 1.02 | |
| 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
Sterling Capital Behavioral is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.51 of Maximum Drawdown per Variance. At
4.51 , Sterling Capital Behavioral'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 STERLING CAPITAL to Peers
Other Technical Indicators