VANGUARD EXTENDED Variance
| VIEIX Fund | | | USD 155.59 -2.46 -1.56% |
The Variance signal for Vanguard Extended Market reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners. Diversification context is available through
World Market Map. Diversification context helps frame allocation across holdings. Tracking Vanguard Extended Market in a portfolio helps measure its contribution to overall performance. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Vanguard Extended Market's mutual fund valuation — related indicators include
signals in gross domestic product.
Vanguard Extended Market has current Variance of 1.3. 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 |
| = | 1.3 | |
| 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
Vanguard Extended Market is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.43 of Maximum Drawdown per Variance. At
4.43 , Vanguard Extended Market'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 EXTENDED to Peers
Other Technical Indicators