Hamilton Utilities Semi Variance
| UMAX Etf | | | 13.51 0.05 0.37% |
The Semi Variance indicator for Hamilton Utilities YIELD is derived from observed market data. The calculation draws on time-series market data across available periods. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in Hamilton Utilities YIELD. This appears in the portfolio view. 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.
Hamilton Utilities YIELD has current Semi Variance of 0.0856. 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)2N(ZERO) |
| = | 0.0856 | |
| 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
Hamilton Utilities YIELD lands at
#3 in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
21.81 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Hamilton Utilities YIELD sits at
21.81 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 Hamilton Utilities to Peers
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