Otter Creek Downside Variance

OCFS Etf   28.28  0.00  0.00%   
The Downside Variance indicator for Otter Creek Advisors is derived from observed market data. The calculation draws on time-series market data across available periods. Use Your Equity Center to explore diversified allocation structure. Understanding allocation structure supports portfolio context. Broader economic conditions can influence Otter Creek Advisors's etf valuation — related indicators include signals in price.
Otter Creek Advisors has current Downside Variance of 0.4709. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance

 = 

SUM(RET DEV)2

N(ER)

 = 
0.4709
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period

Downside Variance Peers Comparison

Downside Variance Relative To Other Indicators

Otter Creek Advisors is rated below average in downside variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 6.27 of Maximum Drawdown per Downside Variance. For Otter Creek Advisors, Maximum Drawdown stands at 6.27 times Downside Variance
Downside Variance is 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 individual decision-making under.

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