Pacer Benchmark Semi Deviation
| SRVR ETF | | | USD 35.15 -0.59 -1.65% |
Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level. Below is Pacer Benchmark's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
With Semi Deviation at 0.8835, Pacer Benchmark shows low price variability. This places Pacer Benchmark at the lower end of the volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 0.8835 | |
Semi Deviation Peers Comparison
Among sector peers, Pacer Benchmark's Semi Deviation of 0.8835 is above the 0.0 group average. The range runs from 0.0382 (FT Cboe Vest) to 2.7 (Bitwise Crypto Industry). Pacer Benchmark has exhibited greater price dispersion than the peer average over the measured period.
Semi Deviation Relative To Other Indicators
The chart below plots Semi Deviation against Maximum Drawdown for Pacer Benchmark and its peers. Each point represents one equity — position along the horizontal axis shows Semi 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.
Pacer Benchmark's Semi Deviation reads
0.88 while Maximum Drawdown reads
6.67 , a
7.55 ratio between the two. This indicates Maximum Drawdown substantially exceeds Semi Deviation for Pacer Benchmark.
Methodology, Assumptions & Data Sources
The current Semi Deviation for Pacer Benchmark is 0.8835. Semi Deviation for Pacer Benchmark 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. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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