BlackRock Lifepath Semi Variance

LPVRX Fund  USD 21.45  0.05  0.23%   
The Semi Variance indicator for BlackRock Lifepath is constructed from normalized market data. All inputs reflect available trading data across supported markets. Diversification context is available through Correlation Analysis. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. This dataset reflects observed data and is not advisory in nature. A position in BlackRock Lifepath Dynamic appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. 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 main economic indicators.
BlackRock Lifepath Dynamic has current Semi Variance of 0.8241. 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)

 = 
0.8241
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

BlackRock Lifepath Dynamic is rated second in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 7.63 of Maximum Drawdown per Semi Variance. At 7.63 , BlackRock Lifepath Dynamic'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 BlackRock Lifepath to Peers

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