COLUMBIA SELECT Semi Variance
| CSPIX Fund | | | USD 12.44 -0.05 -0.40% |
The Semi Variance reading for Columbia Select Large is computed from historical trading observations. Values reflect historical observations within the available dataset. Use
Trending Equities to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Position sizing and allocation together define the portfolio construction approach. This content does not constitute investment advice or a recommendation. A position in Columbia Select Large appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Columbia Select Large has current Semi Variance of 0.4747. 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) |
| = | 0.4747 | |
| 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
Columbia Select Large ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
33.49 of Maximum Drawdown per Semi Variance. At
33.49 , Columbia Select Large's Maximum Drawdown-to-Semi Variance multiple reflects the spread between these metrics
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 COLUMBIA SELECT to Peers
Other Technical Indicators