CI Gold Semi Variance
| CGXF Etf | | | CAD 19.62 0.26 1.34% |
Historical market data for CI Gold Giants forms the basis of the Semi Variance indicator shown here. Coverage may vary depending on data availability and normalization methods. Review
Trending Equities to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Tracking CI Gold Giants in a portfolio helps measure its contribution to overall performance. The information is presented without directional commentary. Broader economic conditions can influence CI Gold Giants's etf valuation — related indicators include
signals in inflation.
CI Gold Giants has current Semi Variance of 16.54. 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) |
| = | 16.54 | |
| 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
CI Gold Giants takes the leading position in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
0.90 in Maximum Drawdown for each unit of Semi Variance. The spread between Semi Variance and Maximum Drawdown for CI Gold Giants sits at
1.11 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.
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