CI Global Semi Variance
| CINF Etf | | | CAD 31.89 -0.83 -2.54% |
The Semi Variance indicator for CI Global Infrastructure is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings.
Trending Equities provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. The portfolio reflects a holding in CI Global Infrastructure. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. All values are based on available data and provided as reference information. 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.
CI Global Infrastructure has current Semi Variance of 0.3491. 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) |
| = | 0.3491 | |
| 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 Global Infrastructure lands at
#3 in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
9.27 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for CI Global Infrastructure sits at
9.27 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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