PRAXIS SMALL Semi Variance
| MMSIX Fund | | | USD 11.82 -0.01 -0.08% |
The Semi Variance technical lookup provides context for Praxis Small Cap and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Correlation Analysis provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in Praxis Small Cap within the portfolio mix. 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 gross domestic product.
Praxis Small Cap has current Semi Variance of 0.8126. 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) |
| = | 0.8126 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
PRAXIS SMALL Semi Variance Peers Comparison
PRAXIS Semi Variance Relative To Other Indicators
Praxis Small Cap ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
12.55 of Maximum Drawdown per Semi Variance. At
12.55 , Praxis Small Cap'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.
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