Fidelity Quality Downside Variance
| FQAL Etf | | | USD 73.88 -0.41 -0.55% |
Fidelity Quality downside variance lookup summarizes this and related technical indicators for Fidelity Quality Factor. Coverage varies by data normalization and availability; see
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Fidelity Quality Factor 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 |
Fidelity Quality Downside Variance Peers Comparison
Fidelity Downside Variance Relative To Other Indicators
Fidelity Quality Factor is rated
below average for downside variance within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
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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