ProShares Short Semi Variance

DOG Etf  USD 23.78  0.00  0.00%   
This technical indicator view for Semi Variance organizes signals for ProShares Short Dow30 and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Investing Opportunities to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in ProShares Short Dow30 inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
ProShares Short Dow30 has current Semi Variance of 0.5159. 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)2

N(ZERO)

 = 
0.5159
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

ProShares Short Semi Variance Peers Comparison

ProShares Semi Variance Relative To Other Indicators

ProShares Short Dow30 currently holds the # 5 position in semi variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 7.90 of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for ProShares Short Dow30 is roughly 7.90
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 ProShares Short to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas