BMO Covered Downside Variance
| ZWK Etf | | | CAD 25.01 0.39 1.58% |
The Downside Variance indicator for BMO Covered Call is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. Review
Your Current Watchlist to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Tracking BMO Covered Call in a portfolio provides context for performance attribution. The information is presented without directional commentary. Broader economic conditions can influence BMO Covered Call's etf valuation — related indicators include
signals in inflation.
BMO Covered Call has current Downside Variance of 0. 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 | |
| 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 Covered Call is rated
below average in downside variance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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.
Compare BMO Covered to Peers
Other Technical Indicators