Horizon Funds Semi Variance
| DIVN ETF | | | 28.21 -0.13 -0.46% |
Technical inputs supporting the Semi Variance indicator for Horizon Funds are shown here. Values are derived from historical price and volume observations.
Investing Opportunities frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Tracking Horizon Funds in a portfolio helps measure its contribution to overall performance. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Horizon Funds 's ETF valuation — related indicators include
signals in private.
Horizon Funds has current Semi Variance of 0.3066. 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) |
| = | 0.3066 | |
| 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
Horizon Funds lands at
#3 in semi variance against similar ETFs. It lands at
#5 in maximum drawdown against similar ETFs producing
10.28 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Horizon Funds sits at
10.28 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 Horizon Funds to Peers
Other Technical Indicators