YieldMax MSTR Variance
| WNTR ETF | | | USD 33.94 0.61 1.83% |
The Variance signal for YieldMax MSTR Short reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. YieldMax MSTR has a market cap of 41.2 M, operating margin of -30.58%, current ratio of 604.79. Portfolio-level context is available through
Your Current Watchlist. Portfolio tools allow users to monitor YieldMax MSTR Short alongside other positions. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence YieldMax MSTR Short's ETF valuation — related indicators include
signals in population.
YieldMax MSTR Short has current Variance of 18.69. 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 |
| = | 18.69 | |
| 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
YieldMax MSTR Short is ranked
fourth for variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
1.74 against Variance. Maximum Drawdown runs about
1.74 times Variance for YieldMax MSTR Short
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 YieldMax MSTR to Peers
Other Technical Indicators