PIA SHORT-TERM Semi Variance

PIASX Fund  USD 10.03  -0.01  -0.1%   
Observed values used in the Semi Variance indicator for Pia Short Term Securities are included in this dataset. Data coverage may vary across sources and reporting intervals. Diversification context is available through Your Equity Center. Diversified allocation aims to distribute exposure across multiple positions. Portfolio analysis tools can evaluate how Pia Short Term Securities fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Pia Short Term Securities's mutual fund valuation — related indicators include signals in main economic indicators.
Pia Short Term Securities has current Semi Variance of -0.01. 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)2

N(ZERO)

 = 
-0.01
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

Pia Short Term Securities is rated below average in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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. Compare PIA SHORT-TERM to Peers

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