Dispersion is a measure for the statistical distribution of portfolio returns. It is the asset-weighted standard deviation of individual portfolio returns within a comparable client group (composite) from the composite return.
Types of dispersion
Dispersion is of the following types:
- Range
- Variance
- Standard deviation
- Mean absolute deviation
- Quartile deviation
A more extensive list is at Statistical dispersion.
References
Dispersion (finance) Wikipedia(Text) CC BY-SA