IShares Short Semi Variance
| CALI ETF | | | USD 50.39 0.02 0.04% |
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 IShares Short's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
A Semi Variance of 1.0E-4 for IShares Short signals low price variability. This places IShares Short at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 1.0E-4 | |
| 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
IShares Short's Semi Variance of 1.0E-4 falls below the 0.06 peer average. Values range from -1.0E-4 (iShares Short Maturity) to 0.1246 (NYLI MacKay Muni), with wide dispersion across the group. IShares Short 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 IShares Short 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.
At
0.00 for Semi Variance and
0.28 for Maximum Drawdown, IShares Short's cross-indicator ratio sits almost
2,785 . This indicates Maximum Drawdown substantially exceeds Semi Variance for IShares Short.
Methodology, Assumptions & Data Sources
IShares Short's Semi Variance currently stands at 1.0E-4. The Semi Variance for IShares Short applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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