THRIVENT MODERATE Semi Variance
| THMAX Fund | | | USD 17.28 0.19 1.11% |
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 THRIVENT MODERATE's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
THRIVENT MODERATE's Semi Variance of 0.2949 reflects low price variability. This places THRIVENT MODERATE at the lower end of the volatility range for Mutual Fund Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.2949 | |
| 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
THRIVENT MODERATE's Semi Variance of 0.2949 falls above the 0.18 peer average. Values range from 0.0276 (Thrivent Opportunity Income) to 0.6145 (Thrivent Aggressive Allocation), with wide dispersion across the group. THRIVENT MODERATE 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 Thrivent Moderate 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.
THRIVENT MODERATE's Maximum Drawdown of
2.69 runs about
9.13 times its Semi Variance of
0.29 . This indicates Maximum Drawdown substantially exceeds Semi Variance for THRIVENT MODERATE.
Methodology, Assumptions & Data Sources
The current Semi Variance for THRIVENT MODERATE is 0.2949. Semi Variance for THRIVENT MODERATE is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. 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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