First Trust Downside Variance
| FDEC Etf | | | USD 49.52 -0.55 -1.10% |
The Downside Variance indicator for First Trust Exchange Traded is derived from observed market data. The calculation draws on time-series market data across available periods.
Investing Opportunities provides context for diversified portfolio construction. The portfolio structure determines how individual positions contribute to the whole. Tracking First Trust Exchange Traded in a portfolio helps measure its contribution to overall performance. The dataset reflects available inputs without directional implication. Broader economic conditions can influence First Trust Exchange Traded's etf valuation — related indicators include
signals in median.
First Trust Exchange Traded has current Downside Variance of 0. 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)2N(ER) |
| = | 0 | |
| 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
First Trust Exchange Traded is rated
below average for downside variance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs .
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.
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