SMALL CAPITALIZATION Downside Variance
| SSCPX Fund | | | USD 6.72 -0.17 -2.47% |
Historical market data for Small Capitalization Portfolio forms the basis of the Downside Variance indicator shown here. The indicator computation uses normalized market activity data.
World Market Map provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The holding in Small Capitalization Portfolio represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Small Capitalization Portfolio has current Downside Variance of 0. 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 | |
| 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 |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Small Capitalization Portfolio is rated
below average in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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.
Compare SMALL CAPITALIZATION to Peers
Other Technical Indicators