BMO Low Semi Variance

ZLB Etf  CAD 57.38  -0.57  -0.98%   
This dataset for BMO Low Volatility reflects inputs used in the Semi Variance calculation. All values reflect available price and volume data across reporting intervals. Data availability for the calculation period determines indicator completeness. Extended technical indicator views are accessible through Equity Screeners. Diversification context is available through Your Current Watchlist. Allocation context can improve visibility into portfolio balance. This reflects a position in BMO Low Volatility. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. All metrics are derived from available inputs and shown for reference. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
BMO Low Volatility has current Semi Variance of 0. 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
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 Low Volatility is rated below average in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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 Low to Peers

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