INVESCO HIGH Variance
| AMHYX Fund | | | USD 3.55 -0.01 -0.28% |
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. Below is INVESCO HIGH's current Variance with peer comparisons and related risk metrics.
Current Variance Value
At 0.0903, INVESCO HIGH exhibits low price variability in Variance. This places INVESCO HIGH at the lower end of the volatility range for Invesco Funds.
Variance | = | SUM(RET DEV)2N |
| = | 0.0903 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
INVESCO HIGH's Variance of 0.0903 falls below the 1.28 peer average. Values range from 0.9617 (Vela Small Mid Cap) to 1.78 (Buffalo Small Cap), with moderate dispersion across the group. INVESCO HIGH has exhibited less price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Invesco High and its peers. Each point represents one equity — position along the horizontal axis shows Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
INVESCO HIGH's Maximum Drawdown of
1.44 runs about
15.99 times its Variance of
0.09 . This indicates Maximum Drawdown substantially exceeds Variance for INVESCO HIGH.
Methodology, Assumptions & Data Sources
INVESCO HIGH has a current Variance reading of 0.0903. This Variance reading for INVESCO HIGH results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. INVESCO HIGH operates in the high yield bond sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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