IShares MSCI Variance
| XEH Etf | | | CAD 36.93 0.93 2.58% |
Observed values used in the Variance indicator for iShares MSCI Europe are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners.
Your Current Watchlist provides a view into diversified allocation design. This information is provided for contextual purposes. iShares MSCI Europe can be added to a watchlist or portfolio for position tracking. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence iShares MSCI Europe's etf valuation — related indicators include
signals in inflation.
iShares MSCI Europe has current Variance of 0.7552. 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 |
| = | 0.7552 | |
| 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
iShares MSCI Europe is rated
below average in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.71 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for iShares MSCI Europe sits at
5.71 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 IShares MSCI to Peers
Other Technical Indicators