RBB Fund Variance
| ZHOG Etf | | | 51.47 -0.05 -0.1% |
This technical indicator view for Variance organizes signals for The RBB Fund and comparable instruments. Data availability can vary by region and feed;
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The RBB Fund has current Variance of 0.0087. 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 |
| = | 0.0087 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
RBB Fund Variance Peers Comparison
RBB Variance Relative To Other Indicators
The RBB Fund is rated
below average in variance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
55.69 Maximum Drawdown per unit of Variance. The RBB Fund carries a
55.69 x Maximum Drawdown-to-Variance ratio
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.
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