ALL ASSET Downside Deviation
| PASAX Fund | | | USD 11.97 -0.02 -0.17% |
ALL ASSET downside deviation lookup summarizes this and related technical indicators for All Asset Fund. Coverage varies by data normalization and availability; see
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All Asset Fund has current Downside Deviation of 0.4429. 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) |
| = | 0.4429 | |
ALL ASSET Downside Deviation Peers Comparison
ALL Downside Deviation Relative To Other Indicators
All Asset Fund holds the number one position in downside deviation among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
4.50 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for All Asset Fund is roughly
4.50 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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