Touchstone Dynamic Downside Deviation
| TDI ETF | | | USD 45.65 1.18 2.65% |
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 Touchstone Dynamic's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
At 1.66, Touchstone Dynamic's Downside Deviation indicates moderate price variability. This places Touchstone Dynamic within the typical volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 1.66 | |
Downside Deviation Peers Comparison
Relative to peers, Touchstone Dynamic's Downside Deviation is below the group average of 3.94. Peer readings range from 0.6098 (KORE Group Holdings) to 7.09 (Vivid Seats), reflecting wide dispersion across the sector. Touchstone Dynamic 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 Touchstone Dynamic 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.
At
1.66 for Downside Deviation and
7.23 for Maximum Drawdown, Touchstone Dynamic's cross-indicator ratio sits almost
4.35 . This indicates Maximum Drawdown is significantly higher than Downside Deviation for Touchstone Dynamic.
Methodology, Assumptions & Data Sources
Touchstone Dynamic's Downside Deviation currently stands at 1.66. The Downside Deviation for Touchstone Dynamic applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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