Alpha Blue Semi Variance
| ABCS ETF | | | 31.99 -0.12 -0.37% |
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. Below is Alpha Blue's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
A Semi Variance of 0.6485 for Alpha Blue signals low price variability. This places Alpha Blue at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.6485 | |
| 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
Alpha Blue's Semi Variance of 0.6485 falls below the 0.84 peer average. Values range from 0.1133 (Global X MLP) to 1.93 (PGIM ETF Trust), with wide dispersion across the group. Alpha Blue has exhibited less price dispersion than the peer average over the measured period.
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for Alpha Blue and its peers. Each point represents one equity — position along the horizontal axis shows Semi Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Semi Variance (
0.65 ) to Maximum Drawdown (
3.85 ) for Alpha Blue yields a
5.94 multiple. This indicates Maximum Drawdown substantially exceeds Semi Variance for Alpha Blue.
Methodology, Assumptions & Data Sources
Alpha Blue has a current Semi Variance reading of 0.6485. Alpha Blue's Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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