Middlefield Real Downside Deviation

MREL Etf   12.76  -0.17  -1.31%   
This technical indicator view for Downside Deviation organizes signals for Middlefield Real Estate and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Correlation Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in Middlefield Real Estate 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.
  
Middlefield Real Estate has current Downside Deviation of 0.7438. 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)

 = 
0.7438
SQRT = Square root notation
DV =   Downside Variance of returns over selected period

Middlefield Real Downside Deviation Peers Comparison

Middlefield Downside Deviation Relative To Other Indicators

Middlefield Real Estate is rated below average. in downside deviation as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 6.13 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Middlefield Real Estate is roughly 6.13
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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