T ROWE Variance
| TSNIX Fund | | | USD 54.84 -1.63 -2.89% |
The Variance profile for T Rowe Price is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Portfolio construction reflects how positions are combined across holdings. All content is derived from available inputs and carries no advisory implication. This suggests a position in T Rowe Price. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. The information is presented without directional commentary. 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 gross domestic product.
T Rowe Price has current Variance of 2.3. 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 |
| = | 2.3 | |
| 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
T Rowe Price is rated
second in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2.67 of Maximum Drawdown per Variance. At
2.67 , T Rowe Price'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 T ROWE to Peers
Other Technical Indicators