VIRTUS SENIOR Downside Variance
| PSFIX Fund | | | USD 8.41 0.01 0.12% |
The Downside Variance profile for Virtus Senior Floating is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Portfolio design and allocation context appear in
Your Equity Center. Portfolio-level transparency adds depth to allocation analysis. Tracking Virtus Senior Floating in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Virtus Senior Floating's mutual fund valuation — related indicators include
signals in gross domestic product.
Virtus Senior Floating has current Downside Variance of 0.0267. 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)2N(ER) |
| = | 0.0267 | |
| 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
Virtus Senior Floating ranks first in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
31.27 of Maximum Drawdown per Downside Variance. At
31.27 , Virtus Senior Floating's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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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