PRAXIS INTERNATIONAL Semi Variance
| MPLAX Fund | | | USD 16.25 -0.30 -1.81% |
The Semi Variance indicator for PRAXIS INTERNATIONAL is constructed from normalized market data. All inputs reflect available trading data across supported markets. Review
Correlation Analysis to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. A position in Praxis International Index is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. 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 nation.
Praxis International Index has current Semi Variance of 1.18. 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) |
| = | 1.18 | |
| 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
Praxis International Index ranks first in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
5.00 of Maximum Drawdown per Semi Variance. At
5.00 , Praxis International Index'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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