TD Q Semi Variance

TILV Etf  CAD 19.86  -0.54  -2.65%   
Observed values used in the Semi Variance indicator for TD Q International are included in this dataset. The underlying data comes from exchange-reported trading records. World Market Map provides a view into diversified allocation design. Diversification analysis considers the interaction of positions within a portfolio. A position in TD Q International is indicated here. This is part of the broader portfolio composition. 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.
TD Q International has current Semi Variance of 0.7074. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
0.7074
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Semi Variance Peers Comparison

Semi Variance Relative To Other Indicators

TD Q International lands at #3 in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 5.47 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for TD Q International sits at 5.47
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean. Compare TD Q to Peers

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