VANGUARD ENERGY Downside Variance
| VENAX Fund | | | USD 82.55 0.07 0.08% |
Reference data associated with the Downside Variance technical indicator for Vanguard Energy Index. Values may reflect normalized price or volume observations.
Vanguard Energy Index has current Downside Variance of 1.52. 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) |
| = | 1.52 | |
| 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
Vanguard Energy Index is rated
second in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.35 of Maximum Drawdown per Downside Variance. At
3.35 , Vanguard Energy Index's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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 VANGUARD ENERGY to Peers
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