BlackRock Advantage Semi Deviation
| BALI ETF | | | 33.40 -0.05 -0.15% |
Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level. Below is BlackRock Advantage's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
BlackRock Advantage carries a Semi Deviation of 0.6017, consistent with low price variability. This places BlackRock Advantage at the lower end of the volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 0.6017 | |
Semi Deviation Peers Comparison
Relative to peers, BlackRock Advantage's Semi Deviation is below the group average of 0.92. Peer readings range from 0.4062 (AIM ETF Products) to 1.53 (Invesco DWA Developed), reflecting wide dispersion across the sector. BlackRock Advantage has exhibited less price dispersion than the peer average over the measured period.
Semi Deviation Relative To Other Indicators
The chart below plots Semi Deviation against Maximum Drawdown for Blackrock Advantage and its peers. Each point represents one equity — position along the horizontal axis shows Semi Deviation 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.
At
0.60 for Semi Deviation and
3.56 for Maximum Drawdown, BlackRock Advantage's cross-indicator ratio sits almost
5.91 . This indicates Maximum Drawdown substantially exceeds Semi Deviation for BlackRock Advantage.
Methodology, Assumptions & Data Sources
BlackRock Advantage's Semi Deviation currently stands at 0.6017. This Semi Deviation reading for BlackRock Advantage results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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