WisdomTree 9060 Downside Deviation
| NTSX ETF | | | USD 58.22 0.84 1.46% |
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 WisdomTree 9060's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
The Downside Deviation of 1.09 for WisdomTree 9060 indicates moderate price variability. This places WisdomTree 9060 within the typical volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 1.09 | |
Downside Deviation Peers Comparison
Among sector peers, WisdomTree 9060's Downside Deviation of 1.09 is below the 1.13 group average. The range runs from 0.8589 (Pacer Funds Trust) to 1.75 (Invesco DWA Momentum). WisdomTree 9060 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 WisdomTree 9060 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.
WisdomTree 9060's Maximum Drawdown of
4.21 runs about
3.85 times its Downside Deviation of
1.09 . This indicates Maximum Drawdown is significantly higher than Downside Deviation for WisdomTree 9060.
Methodology, Assumptions & Data Sources
WisdomTree 9060's Downside Deviation currently stands at 1.09. WisdomTree 9060'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. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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