BMO Real Downside Variance
| ZRR Etf | | | CAD 13.91 -0.11 -0.78% |
The Downside Variance reading for BMO Real Return is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. For portfolio construction context, review
Your Current Watchlist. Clearer exposure analysis supports long-term portfolio balance. Allocation decisions are shaped by the composition and weighting of holdings. This suggests a position in BMO Real Return. The position sits inside the allocation 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 Real Return has current Downside Variance of 0.1549. 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) |
| = | 0.1549 | |
| 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
BMO Real Return lands at
#2 in downside variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
10.20 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for BMO Real Return sits at
10.20 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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