VANGUARD GROWTH Variance
| VIGAX Fund | | | USD 230.82 -0.85 -0.37% |
The Variance reading for Vanguard Growth Index is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values.
World Market Map provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. A position in Vanguard Growth Index is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. All metrics are derived from available inputs and shown for reference. 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 nation.
Vanguard Growth Index has current Variance of 0.9526. 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 |
| = | 0.9526 | |
| 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 Growth Index is rated
fifth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.26 of Maximum Drawdown per Variance. At
4.26 , Vanguard Growth 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 GROWTH to Peers
Other Technical Indicators