Global X Semi Deviation
| HEX Etf | | | CAD 13.84 -0.02 -0.14% |
Global X semi deviation lookup summarizes this and related technical indicators for Global X Enhanced. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Risk vs Return Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Global X Enhanced within the portfolio mix. 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 Enhanced has current Semi Deviation of 0.7163. 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) |
| = | 0.7163 | |
Global X Semi Deviation Peers Comparison
Global Semi Deviation Relative To Other Indicators
Global X Enhanced lands at
#4 in semi deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.05 in Maximum Drawdown for each unit of Semi Deviation. The spread between Maximum Drawdown and Semi Deviation for Global X Enhanced sits at
5.05 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.