FIDELITY SAI Semi Variance

FIFGX Fund  USD 117.95  2.35  2.03%   
Observed values used to calculate the Semi Variance technical indicator for Fidelity Sai Inflationfocused. Technical inputs may vary across markets and data providers.
Fidelity Sai Inflationfocused has current Semi Variance of 0.881. 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)2

N(ZERO)

 = 
0.881
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Semi Variance Peers Comparison

Semi Variance Relative To Other Indicators

Fidelity Sai Inflationfocused is rated second in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 7.53 of Maximum Drawdown per Semi Variance. At 7.53 , Fidelity Sai Inflationfocused'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. Compare FIDELITY SAI to Peers

Other Technical Indicators