ULTRASHORT MID Downside Variance

UIPIX Fund  USD 23.78  0.12  0.51%   
This module presents the Downside Variance indicator for Ultrashort Mid Cap Profund using available market inputs. Coverage differences may occur across instruments and market segments. World Market Map frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio tools allow users to monitor Ultrashort Mid Cap Profund alongside other positions. The information is presented without directional commentary. Broader economic conditions can influence Ultrashort Mid Cap Profund's mutual fund valuation — related indicators include signals in gross domestic product.
Ultrashort Mid Cap Profund 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)2

N(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

Ultrashort Mid Cap Profund 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 ULTRASHORT MID to Peers

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