T ROWE Semi Variance
| TRMIX Fund | | | USD 36.49 0.41 1.14% |
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 T ROWE's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
T ROWE carries a Semi Variance of 0.9741, consistent with low price variability. This places T ROWE at the lower end of the volatility range for Mutual Fund Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.9741 | |
| 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
T ROWE falls above the 0.91 peer average for Semi Variance. T Rowe Price leads at 1.68 while American Funds 2020 registers the lowest at 0.1595. T ROWE 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 T Rowe 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.
T ROWE's Maximum Drawdown of
4.62 runs about
4.74 times its Semi Variance of
0.97 . This indicates Maximum Drawdown is significantly higher than Semi Variance for T ROWE.
Methodology, Assumptions & Data Sources
T ROWE's Semi Variance currently stands at 0.9741. The Semi Variance for T ROWE applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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