Manulife Multifactor Semi Variance
| MCLC Etf | | | CAD 54.86 -0.32 -0.58% |
This technical indicator view for Semi Variance organizes signals for Manulife Multifactor Canadian and comparable instruments. Data availability can vary by region and feed;
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Correlation Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in Manulife Multifactor Canadian inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Manulife Multifactor Canadian has current Semi Variance of 0.8118. 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) |
| = | 0.8118 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Manulife Multifactor Semi Variance Peers Comparison
Manulife Semi Variance Relative To Other Indicators
Manulife Multifactor Canadian maintains a
third in Semi Variance in semi variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
4.46 of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for Manulife Multifactor Canadian is roughly
4.46 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.
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