VanEck Morningstar Variance
| TDIV Etf | | | EUR 51.84 0.40 0.78% |
Observed values used in the Variance indicator for VanEck Morningstar Developed are included in this dataset. The information is based on observed market data across timeframes. For portfolio construction context, review
World Market Map. Diversification context helps frame allocation across holdings. Tracking VanEck Morningstar Developed in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence VanEck Morningstar Developed's etf valuation — related indicators include
signals in inflation.
VanEck Morningstar Developed has current Variance of 0.415. 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 |
| = | 0.415 | |
| 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
VanEck Morningstar Developed is rated
below average in variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
8.04 of Maximum Drawdown per Variance. For VanEck Morningstar Developed, Maximum Drawdown stands at
8.04 times Variance
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 VanEck Morningstar to Peers
Other Technical Indicators