EMERGING MARKETS Downside Variance
| AMKIX Fund | | | USD 15.85 -0.54 -3.29% |
Historical market data for Emerging Markets Fund forms the basis of the Downside Variance indicator shown here. Related indicator context is organized within
Equity Screeners.
Trending Equities provides context for diversified portfolio design. Portfolio balance depends on how holdings are weighted relative to each other. A position in Emerging Markets Fund is part of the allocation. This appears in the portfolio view. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.
Emerging Markets Fund has current Downside Variance of 3.27. 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) |
| = | 3.27 | |
| 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
Emerging Markets Fund ranks first in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2.52 of Maximum Drawdown per Downside Variance. At
2.52 , Emerging Markets Fund's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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 EMERGING MARKETS to Peers
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