SIMT MULTI-STRATEGY Semi Variance
| SMSAX Fund | | | USD 10.44 -0.03 -0.29% |
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 SIMT MULTI-STRATEGY's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
SIMT MULTI-STRATEGY's Semi Variance of 0.1156 reflects low price variability. This places SIMT MULTI-STRATEGY at the lower end of the volatility range for Mutual Fund Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.1156 | |
| 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
SIMT MULTI-STRATEGY's Semi Variance of 0.1156 falls below the 0.95 peer average. Values range from 0.0127 (Tcw Emerging Markets) to 2.27 (Ivy Emerging Markets), with wide dispersion across the group. SIMT MULTI-STRATEGY 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 Simt Multi 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.
SIMT MULTI-STRATEGY's Maximum Drawdown of
1.77 runs about
15.30 times its Semi Variance of
0.12 . This indicates Maximum Drawdown substantially exceeds Semi Variance for SIMT MULTI-STRATEGY.
Methodology, Assumptions & Data Sources
The current Semi Variance for SIMT MULTI-STRATEGY is 0.1156. SIMT MULTI-STRATEGY's Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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