Environment Semi Variance
| FSLEX Fund | | | USD 47.83 0.52 1.10% |
Reference data associated with the Semi Variance technical indicator for Environment And Alternative. Technical inputs may vary across markets and data providers.
Environment And Alternative has current Semi Variance of 1.47. 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) |
| = | 1.47 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Environment Semi Variance Peers Comparison
Environment Semi Variance Relative To Other Indicators
Environment And Alternative is rated
fourth in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.55 of Maximum Drawdown per Semi Variance. At
3.55 , Environment And Alternative'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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