BMO Global Downside Deviation
| COMM Etf | | | CAD 45.40 0.20 0.44% |
Observed values used to calculate the Downside Deviation technical indicator for BMO Global Communications. Certain instruments may report limited data depending on market coverage.
BMO Global Communications has current Downside Deviation of 0. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 0 | |
BMO Global Downside Deviation Peers Comparison
BMO Downside Deviation Relative To Other Indicators
BMO Global Communications is rated
below average in downside deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
It is the square root of 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 most private investors.
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