The Kansas Semi Variance

KTXIX Fund  USD 18.35  0.02  0.11%   
The Kansas semi-variance technical analysis lookup allows you to check this and other technical indicators for The Kansas Tax Free or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
The Kansas Tax Free has current Semi Variance of 0.0321. 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.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
0.0321
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

The Kansas Semi Variance Peers Comparison

The Semi Variance Relative To Other Indicators

The Kansas Tax Free is rated third overall fund in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  32.36  of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for The Kansas Tax Free is roughly  32.36 
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
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