Vanguard FTSE Variance
| VEE Etf | | | CAD 43.32 -1.28 -2.87% |
The Variance indicator for Vanguard FTSE Emerging is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Use
World Market Map to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Allocation decisions are shaped by the composition and weighting of holdings. This suggests a position in Vanguard FTSE Emerging. This appears in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Vanguard FTSE Emerging has current Variance of 1.06. 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 |
| = | 1.06 | |
| 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
Vanguard FTSE Emerging lands at
#3 in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.36 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Vanguard FTSE Emerging sits at
5.36 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.
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