Fidelity Select Semi Variance
| FSENX Fund | | | USD 79.64 0.24 0.30% |
The Semi Variance technical lookup provides context for Fidelity Select Portfolios and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context.
Investing Opportunities provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in Fidelity Select Portfolios inside the allocation mix. 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 metropolitan statistical area.
Fidelity Select Portfolios has current Semi Variance of 0.5313. 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) |
| = | 0.5313 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Fidelity Select Semi Variance Peers Comparison
Fidelity Semi Variance Relative To Other Indicators
Fidelity Select Portfolios is rated
fifth in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
9.81 of Maximum Drawdown per Semi Variance. At
9.81 , Fidelity Select Portfolios'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.
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