ARS Core Downside Variance
| ACEP Etf | | | 17.15 -0.24 -1.38% |
The Downside Variance calculation for ARS Core draws on price and volume history. The depth of trading history affects the precision of the indicator. Portfolio design and allocation context appear in
Trending Equities. The view supports a broader understanding of portfolio structure. A position in ARS Core Equity is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
ARS Core Equity has current Downside Variance of 1.51. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.51 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
ARS Core Equity outranks all peers for downside variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
3.86 against Downside Variance. Maximum Drawdown runs about
3.86 times Downside Variance for ARS Core Equity
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Compare ARS Core to Peers
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