Middlefield Healthcare Semi Variance
| MHCD Etf | | | 11.14 -0.11 -0.98% |
The Semi Variance calculation for Middlefield Healthcare draws on price and volume history. Each data point is derived from standardized price and volume feeds. Diversification context is available through
Correlation Analysis. Diversification context helps frame allocation across holdings. The portfolio reflects a holding in Middlefield Healthcare Dividend. The position falls within the allocation view. 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.
Middlefield Healthcare Dividend has current Semi Variance of 0. 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 | |
| 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
Middlefield Healthcare Dividend is rated
below average in semi variance against similar ETFs. It lands at
#5 in maximum drawdown against similar ETFs .
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 Middlefield Healthcare to Peers
Other Technical Indicators