AdvisorShares Vice Variance
| VICE ETF | | | USD 31.25 -0.26 -0.83% |
Technical inputs supporting the Variance indicator for AdvisorShares Vice ETF are shown here. Additional screening context is available through
Equity Screeners.
World Market Map frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. AdvisorShares Vice ETF can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence AdvisorShares Vice ETF's ETF valuation — related indicators include
signals in housing.
AdvisorShares Vice ETF has current Variance of 0.5851. 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 |
| = | 0.5851 | |
| 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
AdvisorShares Vice ETF is rated
below average for variance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Variance ratio near
8.36 . The Maximum Drawdown to Variance ratio for AdvisorShares Vice ETF comes in at
8.36 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.
Compare AdvisorShares Vice to Peers
Other Technical Indicators