DBX ETF Downside Variance
| SNPD Etf | | | 28.26 0.06 0.21% |
This technical indicator view for Downside Variance organizes signals for DBX ETF Trust and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. DBX ETF has a market cap of 5.67 M. See
World Market Map for portfolio-level analysis. This suggests a position in DBX ETF Trust 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 metropolitan statistical area.
DBX ETF Trust has current Downside Variance of 0.5379. 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) |
| = | 0.5379 | |
| 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 |
DBX ETF Downside Variance Peers Comparison
DBX Downside Variance Relative To Other Indicators
DBX ETF Trust is rated
below average for downside variance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Downside Variance ratio near
6.55 . The Maximum Drawdown to Downside Variance ratio for DBX ETF Trust comes in at
6.55 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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