JOHN HANCOCK Downside Variance
| JSGIX Fund | | | USD 27.46 0.17 0.62% |
The Downside Variance reading for John Hancock Strategic is computed from historical trading observations. Broader indicator relationships are reflected within
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Risk vs Return Analysis. Clearer exposure analysis supports long-term portfolio balance. John Hancock Strategic can be evaluated within a portfolio framework for weight and risk impact. All values are presented as reference data. Broader economic conditions can influence John Hancock Strategic's mutual fund valuation — related indicators include
signals in gross domestic product.
John Hancock Strategic has current Downside Variance of 0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
John Hancock Strategic is rated
below average in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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