Franklin Real Semi Variance

FRLAX Fund  USD 17.37  0.05  0.29%   
Observed values used to calculate the Semi Variance technical indicator for Franklin Real Estate. Some instruments may provide partial coverage depending on trading history.
Franklin Real Estate has current Semi Variance of 0.4193. 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)

 = 
0.4193
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

Franklin Real Estate is rated second in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 7.59 of Maximum Drawdown per Semi Variance. At 7.59 , Franklin Real Estate'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 Franklin Real to Peers

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