21Shares Ripple Semi Variance
| AXRP Etf | | | CHF 31.28 -1.63 -4.95% |
The Semi Variance profile for 21Shares Ripple XRP is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
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. This suggests a position in 21Shares Ripple XRP. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
21Shares Ripple XRP has current Semi Variance of 0. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Semi Variance Relative To Other Indicators
21Shares Ripple XRP is rated
below average for semi variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers .
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare 21Shares Ripple to Peers
Other Technical Indicators