Xtrackers Harvest Downside Variance

ASHR Etf  USD 32.37  -0.70  -2.12%   
Observed values used in the Downside Variance indicator for Xtrackers Harvest CSI are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. For broader technical screening across instruments, see Equity Screeners. For portfolio construction context, review Trending Equities. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. All content is derived from available inputs and carries no advisory implication. The allocation shows a weighting toward Xtrackers Harvest CSI. The position is captured in the allocation summary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
Xtrackers Harvest CSI has current Downside Variance of 0.9593. 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)2

N(ER)

 = 
0.9593
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

Xtrackers Harvest CSI is ranked third for downside variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 4.69 against Downside Variance. Maximum Drawdown runs about 4.69 times Downside Variance for Xtrackers Harvest CSI
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 Xtrackers Harvest to Peers

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