John Hancock Semi Variance
| JHID ETF | | | 42.63 -0.51 -1.18% |
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 John Hancock's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
John Hancock registers a Semi Variance of 0.9849, reflecting low price variability. This places John Hancock at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.9849 | |
| 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
The peer group averages 1.61 for Semi Variance, with John Hancock at 0.9849 falling below that level. Readings span 0.6496 (ProShares Equities for) to 3.61 (First Trust Bloomberg). John Hancock 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 John Hancock 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.
With Semi Variance at
0.98 and Maximum Drawdown at
5.61 , John Hancock shows a
5.70 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Semi Variance for John Hancock.
Methodology, Assumptions & Data Sources
John Hancock has a current Semi Variance reading of 0.9849. The Semi Variance for John Hancock is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. 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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