Neuberger Berman Semi Variance vs. Kurtosis

NBCE Etf   25.14  0.06  0.24%   
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Neuberger Berman ETF has current Semi Variance of 6.73. 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)

 = 
6.73
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Neuberger Berman Semi Variance Peers Comparison

Neuberger Semi Variance Relative To Other Indicators

Neuberger Berman ETF is rated number one ETF in semi variance as compared to similar ETFs. It is currently under evaluation in kurtosis as compared to similar ETFs making up about  0.50  of Kurtosis per Semi Variance. The ratio of Semi Variance to Kurtosis for Neuberger Berman ETF is roughly  2.01 
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.
Compare Neuberger Berman to Peers

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