American Funds Semi Variance
| FBCIX Fund | | | USD 78.73 -0.69 -0.87% |
The Semi Variance technical lookup provides context for American Funds Capital and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in American Funds Capital within the portfolio mix. 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.
American Funds Capital has current Semi Variance of 0.1553. 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) |
| = | 0.1553 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
American Funds Semi Variance Peers Comparison
American Semi Variance Relative To Other Indicators
American Funds Capital ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
44.41 of Maximum Drawdown per Semi Variance. At
44.41 , American Funds Capital'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.
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