Aberdeen Gbl Semi Variance

GLLAX Fund  USD 17.31  -0.04  -0.23%   
The Semi Variance indicator for Aberdeen Gbl is constructed from normalized market data. Values reflect historical observations within the available dataset. For portfolio construction context, review Risk vs Return Analysis. This view summarizes available data without implying outcomes. Adding Aberdeen Gbl Eq to a portfolio enables side-by-side comparison with other holdings. The information is presented without directional commentary. Broader economic conditions can influence Aberdeen Gbl Eq's mutual fund valuation — related indicators include signals in nation.
Aberdeen Gbl Eq has current Semi Variance of 2.84. 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)

 = 
2.84
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

Aberdeen Gbl Eq ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 3.07 of Maximum Drawdown per Semi Variance. At 3.07 , Aberdeen Gbl Eq'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 Aberdeen Gbl to Peers

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