SGI Dynamic Semi Variance
| DYTA ETF | | | 30.92 0.31 1.01% |
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 SGI Dynamic's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 0.9413, SGI Dynamic's Semi Variance indicates low price variability. This places SGI Dynamic at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.9413 | |
| 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
SGI Dynamic's Semi Variance of 0.9413 falls above the 0.55 peer average. Values range from 0.0321 (AllianzIM Equity Buffer20) to 1.14 (Astoria Real Asset), with wide dispersion across the group. SGI Dynamic has exhibited greater 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 SGI Dynamic 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.
SGI Dynamic's Maximum Drawdown of
5.28 runs about
5.61 times its Semi Variance of
0.94 . This indicates Maximum Drawdown substantially exceeds Semi Variance for SGI Dynamic.
Methodology, Assumptions & Data Sources
The current Semi Variance for SGI Dynamic is 0.9413. This Semi Variance reading for SGI Dynamic 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. 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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