BMO Short Semi Variance
| ZPS Etf | | | CAD 12.37 -0.03 -0.24% |
The Semi Variance lookup presents technical context for BMO Short Provincial and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Your Current Watchlist provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in BMO Short Provincial within the portfolio mix. 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 Short Provincial has current Semi Variance of 0.0048. 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) |
| = | 0.0048 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
BMO Short Semi Variance Peers Comparison
BMO Semi Variance Relative To Other Indicators
BMO Short Provincial lands at
#4 in semi variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
117.81 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for BMO Short Provincial sits at
117.81 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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