RBC Quant Semi Variance
| RIDH Etf | | | CAD 37.09 -1.04 -2.73% |
Observed values used in the Semi Variance indicator for RBC Quant EAFE are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values. Diversification context is available through
Your Equity Center. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. A position in RBC Quant EAFE is part of the allocation. This appears in the portfolio view. 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.
RBC Quant EAFE has current Semi Variance of 0.8703. 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)2N(ZERO) |
| = | 0.8703 | |
| 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
RBC Quant EAFE lands at
#3 in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.00 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for RBC Quant EAFE sits at
4.00 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 RBC Quant to Peers
Other Technical Indicators