BMO Put Variance
| ZPW Etf | | | CAD 14.97 -0.02 -0.13% |
The Variance calculation for BMO Put draws on price and volume history. The depth of trading history affects the precision of the indicator.
Your Current Watchlist frames the approach to diversified portfolio design. This information is provided for contextual purposes. Portfolio analysis tools can evaluate how BMO Put Write fits within a broader allocation. This view summarizes available data without implying outcomes. Broader economic conditions can influence BMO Put Write's etf valuation — related indicators include
signals in inflation.
BMO Put Write has current Variance of 0.3006. 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 |
| = | 0.3006 | |
| 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
BMO Put Write is rated
below average in variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
8.51 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for BMO Put Write sits at
8.51 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 BMO Put to Peers
Other Technical Indicators