BMO Balanced Semi Variance

ZBAL-T Etf   10.78  0.11  1.03%   
The Semi Variance signal for BMO Balanced ETF reflects patterns observed in trading data. The Equity Screeners module supports multi-indicator technical analysis. Review Your Current Watchlist to understand diversified portfolio construction. All values are presented as reference data. BMO Balanced ETF can be evaluated within a portfolio framework for weight and risk impact. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence BMO Balanced ETF's etf valuation — related indicators include signals in inflation.
BMO Balanced ETF has current Semi Variance of 0.3652. 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)2

N(ZERO)

 = 
0.3652
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

BMO Balanced ETF is rated third in semi variance compared to similar ETFs. It is rated fourth in maximum drawdown compared to similar ETFs reporting about 7.87 of Maximum Drawdown per Semi Variance. At 7.87 , BMO Balanced ETF's Maximum Drawdown-to-Semi Variance multiple reflects the spread between these metrics
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 BMO Balanced to Peers

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