FIDELITY ADVISOR Semi Variance
| FMSDX Fund | | | USD 15.56 -0.27 -1.71% |
Observed values used in the Semi Variance indicator for Fidelity Advisor Multi Asset are included in this dataset. The underlying data comes from exchange-reported trading records.
Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. The overall portfolio profile is shaped by the distribution of its holdings. The allocation includes a position in Fidelity Advisor Multi Asset. It is distributed across the allocation. The weighting is determined by the allocation framework in use. 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 discontinued.
Fidelity Advisor Multi Asset has current Semi Variance of 0.5037. 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) |
| = | 0.5037 | |
| 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 Advisor Multi Asset ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
7.61 of Maximum Drawdown per Semi Variance. At
7.61 , Fidelity Advisor Multi Asset'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 ADVISOR to Peers
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