Manulife Smart Semi Deviation

IDEF-B ETF   14.93  -0.19  -1.26%   
Historical market data for Manulife Smart International forms the basis of the Semi Deviation indicator shown here. Coverage may vary depending on data availability and normalization methods. Risk vs Return Analysis frames the approach to diversified portfolio design. This view summarizes available data without implying outcomes. Portfolio analysis tools can evaluate how Manulife Smart International fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Manulife Smart International's ETF valuation — related indicators include signals in state.
Manulife Smart International has current Semi Deviation of 0.5164. 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

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SQRT(SV)

 = 
0.5164
SQRT = Square root notation
SV =   Manulife Smart semi variance of returns over selected period

Semi Deviation Peers Comparison

Semi Deviation Relative To Other Indicators

Manulife Smart International is rated fifth in semi deviation compared to similar ETFs. It ranks first in maximum drawdown compared to similar ETFs reporting about 24.70 of Maximum Drawdown per Semi Deviation. At 24.70 , Manulife Smart International's Maximum Drawdown-to-Semi Deviation multiple reflects the spread between these metrics
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 Manulife Smart to Peers

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