VanEck IBoxx Downside Variance
| TGBT Etf | | | EUR 12.14 -0.08 -0.65% |
The Downside Variance indicator for VanEck IBoxx is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The
Equity Screeners module supports multi-indicator technical analysis. Use
World Market Map to explore diversified allocation structure. Understanding allocation structure supports portfolio context. The overall portfolio profile is shaped by the distribution of its holdings. The allocation shows a weighting toward VanEck iBoxx EUR. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. All values are presented as reference data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
VanEck iBoxx EUR 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
VanEck iBoxx EUR 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.
Compare VanEck IBoxx to Peers
Other Technical Indicators