IShares Copper Semi Variance
| COPM Etf | | | 8.92 -0.17 -1.87% |
Observed values used in the Semi Variance indicator for iShares Copper Miners are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. Review
Trending Equities to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. This includes a position in iShares Copper Miners. The position sits inside the allocation mix. Portfolio construction methods define how positions are sized. 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.
iShares Copper Miners has current Semi Variance of 9.6. 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) |
| = | 9.6 | |
| 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
iShares Copper Miners earns the top ranking in semi variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
1.29 of Maximum Drawdown per Semi Variance. For iShares Copper Miners, Maximum Drawdown stands at
1.29 times Semi Variance
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 IShares Copper to Peers
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