VANGUARD REIT Variance
| VGSIX Fund | | | USD 30.44 -0.11 -0.36% |
This module presents the Variance indicator for Vanguard Reit Index using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. The
Equity Screeners framework provides wider technical analysis context. For portfolio construction context, review
World Market Map. Diversification context helps frame allocation across holdings. The holding in Vanguard Reit Index represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. 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.
Vanguard Reit Index has current Variance of 0.563. 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 |
| = | 0.563 | |
| 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 Reit Index ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.39 of Maximum Drawdown per Variance. At
5.39 , Vanguard Reit Index'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 VANGUARD REIT to Peers
Other Technical Indicators