SCHWAB SMALL-CAP Downside Deviation

SWSCX Fund  USD 20.25  -0.43  -2.08%   
The Downside Deviation signal for Schwab Small Cap Equity reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Indicator reliability depends on the continuity of available trading data. The Equity Screeners module supports multi-indicator technical analysis. Review World Market Map to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. This suggests a position in Schwab Small Cap Equity. The position sits inside the allocation mix. 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 discontinued.
Schwab Small Cap Equity has current Downside Deviation of 1.26. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.

Downside Deviation

=

SQRT(DV)

 = 
1.26
SQRT = Square root notation
DV =   Downside Variance of returns over selected period

Downside Deviation Peers Comparison

Downside Deviation Relative To Other Indicators

Schwab Small Cap Equity is rated second in downside deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 8.53 of Maximum Drawdown per Downside Deviation. At 8.53 , Schwab Small Cap Equity's Maximum Drawdown-to-Downside Deviation multiple reflects the spread between these metrics
It is the square root of 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 most private investors. Compare SCHWAB SMALL-CAP to Peers

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