FT Cboe Downside Variance

FAPR Etf  USD 44.73  0.00  0.00%   
The Downside Variance calculation for FT Cboe draws on price and volume history. The depth of trading history affects the precision of the indicator. Diversification context is available through Investing Opportunities. Diversified allocation aims to distribute exposure across multiple positions. Monitoring FT Cboe Vest within a portfolio highlights how it interacts with other holdings. All figures are based on reported data and are informational in nature. Broader economic conditions can influence FT Cboe Vest's etf valuation — related indicators include signals in employment.
FT Cboe Vest has current Downside Variance of 0.0402. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance

 = 

SUM(RET DEV)2

N(ER)

 = 
0.0402
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period

Downside Variance Peers Comparison

Downside Variance Relative To Other Indicators

FT Cboe Vest is ranked fourth for downside variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 25.07 against Downside Variance. Maximum Drawdown runs about 25.07 times Downside Variance for FT Cboe Vest
Downside Variance is 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 individual decision-making under. Compare FT Cboe to Peers

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