ETRACS 2x Downside Variance
| USML Etf | | | USD 42.17 -0.01 -0.02% |
The Downside Variance technical lookup provides context for ETRACS 2x Leveraged and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access.
World Market Map provides context for diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This reflects a position in ETRACS 2x Leveraged within the allocation 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 state.
ETRACS 2x Leveraged has current Downside Variance of 0.9072. 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) |
| = | 0.9072 | |
| 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 |
ETRACS 2x Downside Variance Peers Comparison
ETRACS Downside Variance Relative To Other Indicators
ETRACS 2x Leveraged carries a
fifth ranking for downside variance within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
4.39 per Downside Variance. ETRACS 2x Leveraged's Maximum Drawdown registers at
4.39 relative to Downside Variance
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.