IVY ADVANTUS Semi Variance

IREIX Fund  USD 14.35  0.01  -4.00%   
Technical inputs supporting the Semi Variance indicator for Ivy Advantus Real are shown here. The information is based on observed market data across timeframes. Use Risk vs Return Analysis to explore diversified allocation structure. Understanding allocation structure supports portfolio context. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Ivy Advantus Real has current Semi Variance of 1.21. 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)

 = 
1.21
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

Ivy Advantus Real ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 4.79 of Maximum Drawdown per Semi Variance. At 4.79 , Ivy Advantus Real'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 IVY ADVANTUS to Peers

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