MORNINGSTAR GROWTH Semi Variance
| GETFX Fund | | | USD 13.04 -0.22 -1.66% |
Technical inputs supporting the Semi Variance indicator for Morningstar Growth Etf are shown here. Coverage differences may occur across instruments and market segments. Diversification context is available through
Risk vs Return Analysis. Diversification context is built from the relationships between portfolio holdings. Morningstar Growth Etf can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Morningstar Growth Etf's mutual fund valuation — related indicators include
signals in price.
Morningstar Growth Etf has current Semi Variance of 0.5275. 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) |
| = | 0.5275 | |
| 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
Morningstar Growth Etf ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
6.79 of Maximum Drawdown per Semi Variance. At
6.79 , Morningstar Growth Etf'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 MORNINGSTAR GROWTH to Peers
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