Eagle Growth Downside Variance
| HIGUX Fund | | | USD 20.28 0.01 0.05% |
Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target. Below is Eagle Growth's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 0.6072 for Eagle Growth indicates low price variability. This places Eagle Growth at the lower end of the volatility range for Mutual Fund Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.6072 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Eagle Growth falls above the 0.2 peer average for Downside Variance. Asg Managed Futures leads at 1.06 while Cref Inflation Linked Bond registers the lowest at 0.025. Eagle Growth has exhibited greater price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Eagle Growth and its peers. Each point represents one equity — position along the horizontal axis shows Downside 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.
Eagle Growth's Maximum Drawdown of
3.37 runs about
5.55 times its Downside Variance of
0.61 . This indicates Maximum Drawdown substantially exceeds Downside Variance for Eagle Growth.
Methodology, Assumptions & Data Sources
Eagle Growth has a current Downside Variance reading of 0.6072. The Downside Variance for Eagle Growth is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. 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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