SCPIX Fund | | | USD 50.80 0.18 0.35% |
Deutsche variance technical analysis lookup allows you to check this and other technical indicators for Deutsche Sp 500 or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Deutsche Sp 500 has current Variance of 0.6116. 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 |
| = | 0.6116 | |
SUM | = | Summation notation |
RET DEV | = | Actual returns deviation over selected period |
N | = | Number of points for the period |
Deutsche Variance Peers Comparison
Deutsche Variance Relative To Other Indicators
Deutsche Sp 500 is rated
second largest fund in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.23 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Deutsche Sp 500 is roughly
6.23 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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