Exchange Traded Semi Variance
| BLUI Etf | | | 25.36 0.00 0.00% |
This dataset for Exchange Traded Concepts reflects inputs used in the Semi Variance calculation. Data availability for the calculation period determines indicator completeness. Review
Trending Equities for context on portfolio diversification. The diversification view provides additional analytical depth. A position in Exchange Traded Concepts 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 persons.
Exchange Traded Concepts has current Semi Variance of 0.0706. 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) |
| = | 0.0706 | |
| 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
Exchange Traded Concepts places
fifth for semi variance across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
15.41 in Maximum Drawdown for every unit of Semi Variance. Maximum Drawdown outpaces Semi Variance by
15.41 times for Exchange Traded Concepts
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 Exchange Traded to Peers
Other Technical Indicators