Global X Semi Deviation
| HAF Etf | | | CAD 6.87 -0.05 -0.72% |
The Semi Deviation profile for Global X Active is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values.
Risk vs Return Analysis provides a view into diversified allocation design. Understanding allocation structure supports portfolio context. Diversification context is built from the relationships between portfolio holdings. This summary reflects available observations without forecasting intent. This captures an allocation to Global X Active. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. All values are based on available data and provided as reference information. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Global X Active has current Semi Deviation of 0.3226. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
Semi Deviation | = | SQRT(SV) |
| = | 0.3226 | |
Semi Deviation Peers Comparison
Semi Deviation Relative To Other Indicators
Global X Active lands at
#5 in semi deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.39 in Maximum Drawdown for each unit of Semi Deviation. The spread between Maximum Drawdown and Semi Deviation for Global X Active sits at
5.39 Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare Global X to Peers
Other Technical Indicators