Evolve Canadian Semi Variance
Historical market data for Evolve Canadian Utilities forms the basis of the Semi Variance indicator shown here. Market data gaps can influence the computed indicator values.
World Market Map provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. Evolve Canadian Utilities can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Evolve Canadian Utilities's etf valuation — related indicators include
signals in inflation.
Evolve Canadian Utilities has current Semi Variance of 0.0972. 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) |
| = | 0.0972 | |
| 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
Evolve Canadian Utilities is rated
below average in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
31.66 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Evolve Canadian Utilities sits at
31.66 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 Evolve Canadian to Peers
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