ETC 6 Semi Variance
| SIXH Etf | | | USD 42.18 0.07 0.17% |
ETC 6 semi variance lookup summarizes this and related technical indicators for ETC 6 Meridian. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
World Market Map to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in ETC 6 Meridian within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in median.
ETC 6 Meridian has current Semi Variance of
-0.06. 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) |
| = | -0.06 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
ETC 6 Semi Variance Peers Comparison
ETC Semi Variance Relative To Other Indicators
ETC 6 Meridian is rated
below average for semi variance across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers .
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.
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