SPDR EURO Downside Variance
| FEZ Etf | | | USD 61.86 0.72 1.18% |
The Downside Variance indicator for SPDR EURO STOXX is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners. SPDR EURO has a market cap of 2.4 B. Review
Investing Opportunities for broader portfolio context. Adding SPDR EURO STOXX to a portfolio enables side-by-side comparison with other holdings. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence SPDR EURO STOXX's etf valuation — related indicators include
signals in median.
SPDR EURO STOXX 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
SPDR EURO STOXX is rated
below average in downside variance compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar 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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