Investor Statistic Functions Variance
Symbol |
Variance In A Nutshell
Variance can also be looked at in the same breath as volatility, because you can determine when the data point should be moving in relation to the complete data set and mean. This tool is important in technical analysis because you can see where the chart should be and how variance is affecting the movement. You can also use this fundamentally to determine if the numbers are in line or are they becoming an outlier.
Using as much data as you can may not be the best, so rather you should find a few that help narrow your decision making progress. Variance is the spread or difference between the data points in your chosen data set. You could look at variance if you are looking for the probability of a distribution happening. In investing and trading, you want to give yourself the best possible edge and increasing the probability of profitability.
Closer Look at Variance
If you are a long term investor, you want to use variance with other correlations to help you determine the optimum levels of risk and volatility. Of course you have to determine all of the data points, and with tools such as excel, it can make the job slightly easier. Many managers and fund managers do this already and have powerful tools to provide you with answers.
Some technical tools you can use this with are Bollinger Bands, which can give you an idea of where the chart may want to be. Also, using momentum indicators can give you an edge to see if the chart is over bought or sold. As with anything, these are not one hundred percent and should be molded to your current investing and trading styles. Statistics are great because they give you hard data points and can help in probability trading.
Some of the downfalls could be it eliminates the human element such as market fear and market chatter. As much as there is for statistics and data, there will always be a human element that needs to be accounted for. Sure, it may pick up on the movements relative to data, but that is not the true market emotions. Also, variance may not work with your current situation, causing all of this data to be irrelevant.
All in all, find what works best for you and go from there. You may find out that this works or only part of it works. Take the time to study variance and know it inside and out. If you get stuck, reach out to an investing community and bounce your ideas off of them, as they can help to guide your thoughts and ideas.
Investor Education Technical Analysis Modules
Most technical analysis of Investor Education help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Investor from various momentum indicators to cycle indicators. When you analyze Investor charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Become your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Sync Your Broker Now
Sync Your BrokerSync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
All Next | Launch Module |
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.![]() | Asset Allocation ETFs Invested over 200 shares | |
![]() | Broad Equity ETFs Invested over 100 shares | |
![]() | Single Stock ETFs Invested over 100 shares | |
![]() | Macroaxis Index Invested over 500 shares | |
![]() | Strategy ETFs Invested over 100 shares | |
![]() | Investment Grade ETFs Invested over 400 shares | |
![]() | Real Estate Invested over 100 shares | |
Other Consideration for investing
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |