Ninepoint Gold Downside Variance
| GLDE Etf | | | 30.86 0.16 0.52% |
The Downside Variance indicator for Ninepoint Gold and is derived from observed market data. The calculation draws on time-series market data across available periods. Review
Risk vs Return Analysis to understand diversified portfolio construction. Portfolio construction reflects how positions are combined across holdings. Adding Ninepoint Gold and to a portfolio enables side-by-side comparison with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Ninepoint Gold and's etf valuation — related indicators include
signals in inflation.
Ninepoint Gold and has current Downside Variance of 0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Ninepoint Gold and is rated
below average in downside variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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