IShares STOXX Downside Variance
| STEC Etf | | | 6.02 -0.08 -1.31% |
The Downside Variance signal for iShares STOXX Europe reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data. Portfolio design and allocation context appear in
World Market Map. The information is presented without directional commentary. Tracking iShares STOXX Europe in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence iShares STOXX Europe's etf valuation — related indicators include
signals in inflation.
iShares STOXX Europe 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
iShares STOXX Europe is rated
below average in downside variance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
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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