Manulife Fundamental Downside Deviation
| MFUN Etf | | | 10.56 0.20 1.93% |
Technical inputs supporting the Downside Deviation indicator for Manulife Fundamental Equity are shown here. Cross-instrument Downside Deviation comparisons are available via
Equity Screeners. Diversification context is available through
Correlation Analysis. Diversification context is built from the relationships between portfolio holdings. Portfolio tools allow users to monitor Manulife Fundamental Equity alongside other positions. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence Manulife Fundamental Equity's etf valuation — related indicators include
signals in inflation.
Manulife Fundamental Equity has current Downside Deviation of 0. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 0 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Manulife Fundamental Equity is rated
below average in downside deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
It is the square root of 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 most private investors.
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