LGM Risk Variance
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 LGM Risk's current Variance with peer comparisons and related risk metrics.
Current Variance Value
LGM Risk has a Variance of 0, indicating low price variability. This places LGM Risk at the lower end of the volatility range for Mutual Fund Funds.
| = | 0 |
| 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
The chart below plots Variance against Maximum Drawdown for Lgm Risk 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.
Variance |
Maximum Drawdown |
Methodology, Assumptions & Data Sources
The current Variance for LGM Risk is 0. The Variance for LGM Risk is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.