You can also use the formula above to calculate the variance in areas other than investments and trading, with some slight alterations. For instance, when calculating a sample variance to estimate ...

Learn how to calculate Value at Risk (VaR) to effectively assess financial risks in portfolios, using historical, variance-covariance, and Monte Carlo methods.

The calculator is designed to assist professionals and students in various fields, such as finance, statistics, and data analysis, to calculate and understand the variance of a given dataset.