WILMINGTON DIVERSIFIED Variance
| WDIAX Fund | | | USD 14.97 -0.15 -0.99% |
Historical market data for Wilmington Diversified Income forms the basis of the Variance indicator shown here. Coverage may vary depending on data availability and normalization methods. Diversification context is available through
Your Current Watchlist. Diversification context is built from the relationships between portfolio holdings. Wilmington Diversified Income can be included in a portfolio to evaluate diversification impact. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Wilmington Diversified Income's mutual fund valuation — related indicators include
signals in nation.
Wilmington Diversified Income has current Variance of 0.3931. 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 |
| = | 0.3931 | |
| 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
Wilmington Diversified Income is rated
fourth in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
8.39 of Maximum Drawdown per Variance. At
8.39 , Wilmington Diversified Income'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 WILMINGTON DIVERSIFIED to Peers
Other Technical Indicators