FIDELITY ADVISOR Semi Variance

FSRCX Fund  USD 11.87  0.02  0.17%   
Observed values used to calculate the Semi Variance technical indicator for Fidelity Advisor Strategic. Indicator inputs depend on available historical price observations.
Fidelity Advisor Strategic has current Semi Variance of 0.032. 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)

 = 
0.032
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 Strategic is rated below average in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 28.87 of Maximum Drawdown per Semi Variance. At 28.87 , Fidelity Advisor Strategic'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

Other Technical Indicators