EVENTIDE GLOBAL Semi Variance
| ETCDX Fund | | | USD 21.91 0.18 0.83% |
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 EVENTIDE GLOBAL's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
EVENTIDE GLOBAL's Semi Variance of 1.04 reflects moderate price variability. This places EVENTIDE GLOBAL within the typical volatility range for Mutual Fund Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 1.04 | |
| 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
EVENTIDE GLOBAL's Semi Variance of 1.04 falls above the 0.9 peer average. Values range from 0.0104 (Massmutual Premier Diversified) to 1.76 (Fidelity Diversified International), with wide dispersion across the group. EVENTIDE GLOBAL 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 Eventide Global 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.
EVENTIDE GLOBAL's Maximum Drawdown of
5.24 runs about
5.03 times its Semi Variance of
1.04 . This indicates Maximum Drawdown substantially exceeds Semi Variance for EVENTIDE GLOBAL.
Methodology, Assumptions & Data Sources
The current Semi Variance for EVENTIDE GLOBAL is 1.04. EVENTIDE GLOBAL'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. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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