ICON FINANCIAL Semi Variance
| ICFSX Fund | | | USD 8.53 0.04 0.47% |
Observed values used in the Semi Variance indicator for Icon Financial Fund are included in this dataset. Market data gaps can influence the computed indicator values.
Risk vs Return Analysis provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Adding Icon Financial Fund 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 Icon Financial Fund's mutual fund valuation — related indicators include
signals in main economic indicators.
Icon Financial Fund has current Semi Variance of 0. 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 | |
| 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
Icon Financial Fund is rated
below average in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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 ICON FINANCIAL to Peers
Other Technical Indicators