IShares Jantzi Downside Variance
| XEN Etf | | | CAD 49.23 0.57 1.17% |
The Downside Variance calculation for IShares Jantzi draws on price and volume history. Data availability for the calculation period determines indicator completeness. Review
Your Current Watchlist for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. Portfolio analysis tools can evaluate how iShares Jantzi Social fits within a broader allocation. All values are based on available data and provided as reference information. Broader economic conditions can influence iShares Jantzi Social's etf valuation — related indicators include
signals in inflation.
iShares Jantzi Social 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
iShares Jantzi Social lands at
#4 in downside variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3.37 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for iShares Jantzi Social sits at
3.37 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.
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