FAM SMALL Variance
| FAMFX Fund | | | USD 20.37 -0.30 -1.45% |
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 FAM SMALL's current Variance with peer comparisons and related risk metrics.
Current Variance Value
FAM SMALL carries a Variance of 1.35, consistent with moderate price variability. This places FAM SMALL within the typical volatility range for FAM Funds.
Variance | = | SUM(RET DEV)2N |
| = | 1.35 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Relative to peers, FAM SMALL's Variance is below the group average of 1.65. Peer readings range from 0.9646 (Madison Investors Fund) to 2.54 (Victory Rs Small), reflecting moderate dispersion across the sector. FAM SMALL 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 Fam Small 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.
FAM SMALL's Maximum Drawdown of
5.81 runs about
4.31 times its Variance of
1.35 . This indicates Maximum Drawdown is significantly higher than Variance for FAM SMALL.
Methodology, Assumptions & Data Sources
The current Variance for FAM SMALL is 1.35. The Variance for FAM SMALL applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. FAM SMALL operates in the small growth sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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