USAA Tax Downside Variance
| ULTIX Fund | | | USD 12.10 -0.01 -0.08% |
The Downside Variance technical lookup provides context for USAA Tax Exempt and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
World Market Map provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in USAA Tax Exempt within the portfolio 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 gross domestic product.
USAA Tax Exempt has current Downside Variance of 0.042. 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) |
| = | 0.042 | |
| 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 |
USAA Tax Downside Variance Peers Comparison
USAA Downside Variance Relative To Other Indicators
USAA Tax Exempt is rated
below average. in downside variance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
19.92 of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for USAA Tax Exempt is roughly
19.92 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.