Innovator SAMPP Semi Variance
| PMAR ETF | | | USD 47.25 0.09 0.19% |
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 Innovator SAMPP's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
The current Semi Variance of 0.135 places Innovator SAMPP at low price variability. This places Innovator SAMPP at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.135 | |
| 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
Innovator SAMPP falls below the 0.24 peer average for Semi Variance. Vident Core Equity leads at 0.5901 while Innovator SAMPP 500 registers the lowest at 0.0055. Innovator SAMPP 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 Innovator SAMPP 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.
Innovator SAMPP's Semi Variance reads
0.14 while Maximum Drawdown reads
2.12 , a
15.73 ratio between the two. This indicates Maximum Drawdown substantially exceeds Semi Variance for Innovator SAMPP.
Methodology, Assumptions & Data Sources
Innovator SAMPP has a current Semi Variance reading of 0.135. Semi Variance for Innovator SAMPP is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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