Virtus Convertible Standard Deviation
| VAADX Fund | | | USD 45.26 0.56 1.25% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is Virtus Convertible's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Virtus Convertible registers a Standard Deviation of 1.12, reflecting moderate price variability. This places Virtus Convertible within the typical volatility range for Mutual Fund Funds.
Standard Deviation | = | SQRT(V) |
| = | 1.12 | |
Standard Deviation Peers Comparison
The peer group averages 0.52 for Standard Deviation, with Virtus Convertible at 1.12 falling above that level. Readings span 0.0421 (Tax Free Conservative Income) to 1.36 (Harbor Diversified International). Virtus Convertible has exhibited greater price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for Virtus Convertible and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation 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.
Virtus Convertible's Maximum Drawdown of
5.23 runs about
4.65 times its Standard Deviation of
1.12 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for Virtus Convertible.
Methodology, Assumptions & Data Sources
Virtus Convertible's Standard Deviation currently stands at 1.12. Standard Deviation for Virtus Convertible is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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