Sprott Silver Semi Variance
| SLVR Etf | | | USD 54.02 0.00 0.00% |
This module presents the Semi Variance indicator for Sprott Silver Miners using available market inputs. The underlying data comes from exchange-reported trading records. Sprott Silver has a market cap of 327.19 M. Use
World Market Map to view allocation positioning. This reflects a position in Sprott Silver Miners. It is distributed across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Sprott Silver Miners has current Semi Variance of 34.11. 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) |
| = | 34.11 | |
| 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
Sprott Silver Miners outranks all peers for semi variance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
0.74 against Semi Variance. Semi Variance runs about
1.35 times Maximum Drawdown for Sprott Silver Miners
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 Sprott Silver to Peers
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