Sprott Silver Downside Variance
| SLVR Etf | | | USD 68.38 -2.03 -2.88% |
The Downside Variance lookup presents technical context for Sprott Silver Miners and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Sprott Silver has a market cap of 327.19 M.
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Sprott Silver Miners has current Downside Variance of 37.38. 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) |
| = | 37.38 | |
| 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 |
Sprott Silver Downside Variance Peers Comparison
Sprott Downside Variance Relative To Other Indicators
Sprott Silver Miners is regarded as the highest-ranked etf in downside variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
0.68 of Maximum Drawdown per Downside Variance. The ratio of Downside Variance to Maximum Drawdown for Sprott Silver Miners is roughly
1.48 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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