WisdomTree Global Semi Variance
| WDGF Etf | | | 34.81 -0.17 -0.49% |
The Semi Variance indicator for WisdomTree Global Defense is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Use
Your Current Watchlist to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. The allocation includes a position in WisdomTree Global Defense. It is distributed across the allocation. The weighting is determined by the allocation framework in use. No forward-looking guarantees are expressed or implied by this data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in census.
WisdomTree Global Defense has current Semi Variance of 1.23. 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) |
| = | 1.23 | |
| 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
WisdomTree Global Defense ranks
second among etfs in semi variance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
6.11 Maximum Drawdown per unit of Semi Variance. WisdomTree Global Defense carries a
6.11 x Maximum Drawdown-to-Semi Variance ratio
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.
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