CIBC Active Semi Variance
| CAFR Etf | | | CAD 19.85 0.01 0.05% |
The Semi Variance profile for CIBC Active Investment is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Diversification context is available through
Trending Equities. Diversification context helps frame allocation across holdings. This captures an allocation to CIBC Active Investment. It is represented within the portfolio holdings. 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.
CIBC Active Investment has current Semi Variance of
-0.0041. 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) |
| = | -0.0041 | |
| 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
CIBC Active Investment is rated
below average in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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 CIBC Active to Peers
Other Technical Indicators