Exchange Traded Downside Variance
| BVAL Etf | | | USD 27.72 -0.33 -1.18% |
The Downside Variance calculation for Exchange Traded draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Data availability for the calculation period determines indicator completeness.
Trending Equities provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. The allocation includes a position in Exchange Traded Concepts. The position falls within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Exchange Traded Concepts has current Downside Variance of 0. 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) |
| = | 0 | |
| 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
Exchange Traded Concepts is rated
below average for downside variance within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
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.
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