Dynamic Active Downside Deviation
| DXF ETF | | | CAD 47.57 -0.10 -0.21% |
This module presents the Downside Deviation indicator for Dynamic Active Global using available market inputs. Coverage differences may occur across instruments and market segments. Diversification context is available through
Investing Opportunities. Diversified allocation aims to distribute exposure across multiple positions. Tracking Dynamic Active Global in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Dynamic Active Global's ETF valuation — related indicators include
signals in state.
Dynamic Active Global 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 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Dynamic Active Global 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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