IShares Real Semi Variance
| IYR ETF | | | USD 103.28 1.34 1.31% |
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 IShares Real's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
The current Semi Variance of 0.6965 places IShares Real at low price variability. This places IShares Real at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.6965 | |
| 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
IShares Real falls below the 0.79 peer average for Semi Variance. iShares Morningstar Mid Cap leads at 1.21 while Principal Mega Cap ETF registers the lowest at 0.4353. IShares Real 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 IShares Real 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.
IShares Real's Semi Variance reads
0.70 while Maximum Drawdown reads
4.72 , a
6.77 ratio between the two. This indicates Maximum Drawdown substantially exceeds Semi Variance for IShares Real.
Methodology, Assumptions & Data Sources
The current Semi Variance for IShares Real is 0.6965. The Semi Variance for IShares Real is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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