EA Series Semi Variance
| CAOS ETF | | | 90.55 -0.02 -0.02% |
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 EA Series's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
The current Semi Variance of 0.005 places EA Series at low price variability. This places EA Series at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.005 | |
| 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
EA Series falls below the 1.96 peer average for Semi Variance. Bitwise Crypto Industry leads at 13.12 while First Trust Exchange Traded registers the lowest at -0.043. EA Series 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 EA Series 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 (
0.01 ) to Maximum Drawdown (
0.56 ) for EA Series yields a
112.62 multiple. This indicates Maximum Drawdown substantially exceeds Semi Variance for EA Series.
Methodology, Assumptions & Data Sources
The current Semi Variance for EA Series is 0.005. EA Series' Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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