ALPS International Downside Deviation
| IDOG ETF | | | USD 42.95 0.39 0.92% |
Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target. Below is ALPS International's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
ALPS International's Downside Deviation of 1.21 reflects moderate price variability. This places ALPS International within the typical volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 1.21 | |
Downside Deviation Peers Comparison
ALPS International's Downside Deviation of 1.21 falls below the 1.31 peer average. Values range from 0.8471 (Alpha Architect Quantitative) to 1.63 (iShares MSCI Emerging), with moderate dispersion across the group. ALPS International has exhibited less price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for ALPS International and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation 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.
ALPS International records a Downside Deviation of
1.21 and a Maximum Drawdown of
4.71 , yielding roughly
3.89 units of Maximum Drawdown per Downside Deviation. This indicates Maximum Drawdown is significantly higher than Downside Deviation for ALPS International.
Methodology, Assumptions & Data Sources
The current Downside Deviation for ALPS International is 1.21. ALPS International's Downside Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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