Investment Managers Semi Variance
| NXTE ETF | | | USD 47.80 1.51 3.26% |
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 Investment Managers's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
With Semi Variance at 2.53, Investment Managers shows moderate price variability. This places Investment Managers within the typical volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 2.53 | |
| 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
Investment Managers falls above the 0.68 peer average for Semi Variance. Alger 35 ETF leads at 2.22 while AllianzIM Large Cap registers the lowest at -0.0424. Investment Managers has exhibited greater 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 Investment Managers 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
2.53 and Maximum Drawdown at
7.46 , Investment Managers shows a
2.95 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Semi Variance for Investment Managers.
Methodology, Assumptions & Data Sources
Investment Managers has a current Semi Variance reading of 2.53. This Semi Variance reading for Investment Managers results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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