BMO SAMPPTSX Semi Variance
| ZMT Etf | | | CAD 103.51 -4.75 -4.39% |
The Semi Variance calculation for BMO SAMPPTSX draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Related screening structures are referenced through
Equity Screeners.
Your Current Watchlist provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. A position in BMO SAMPPTSX Equal appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. 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 SAMPPTSX Equal has current Semi Variance of 9.33. 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) |
| = | 9.33 | |
| 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 SAMPPTSX Equal takes the leading position in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
1.37 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for BMO SAMPPTSX Equal sits at
1.37 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 SAMPPTSX to Peers
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