Invesco SAMPP Variance
| XSLV Etf | | | USD 46.40 -0.71 -1.51% |
The Variance signal for Invesco SAMPP SmallCap reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals.
Your Current Watchlist 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. This suggests a position in Invesco SAMPP SmallCap. The position sits inside the allocation mix. Position sizing reflects the allocation methodology applied to the portfolio. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Invesco SAMPP SmallCap has current Variance of 0.6036. 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 |
| = | 0.6036 | |
| 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
Invesco SAMPP SmallCap is rated
below average for variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
5.27 ratio of Maximum Drawdown to Variance. Invesco SAMPP SmallCap's Maximum Drawdown exceeds Variance by a factor of
5.27 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 Invesco SAMPP to Peers
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