First Trust Semi Variance
| XDEC Etf | | | USD 40.56 -0.29 -0.71% |
First Trust semi variance lookup summarizes this and related technical indicators for First Trust Exchange Traded. Coverage depends on data availability and normalization;
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First Trust Exchange Traded has current Semi Variance of 0.0933. 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) |
| = | 0.0933 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
First Trust Semi Variance Peers Comparison
First Semi Variance Relative To Other Indicators
First Trust Exchange Traded is rated
below average. in semi variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
15.94 of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for First Trust Exchange Traded is roughly
15.94 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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