Vy Goldman Downside Variance
| VGSBX Fund | | | USD 9.50 0.02 0.21% |
Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target. Below is Vy Goldman's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
At 0.0273, Vy Goldman exhibits low price variability in Downside Variance. This places Vy Goldman at the lower end of the volatility range for Voya Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.0273 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Vy Goldman falls below the 1.58 peer average for Downside Variance. Upright Assets Allocation leads at 3.32 while Qs Large Cap registers the lowest at 0.7512. Vy Goldman has exhibited less price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Vy Goldman and its peers. Each point represents one equity — position along the horizontal axis shows Downside 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.
Vy Goldman's Maximum Drawdown of
0.64 runs about
23.29 times its Downside Variance of
0.03 . This indicates Maximum Drawdown substantially exceeds Downside Variance for Vy Goldman.
Methodology, Assumptions & Data Sources
Vy Goldman has a current Downside Variance reading of 0.0273. Vy Goldman's Downside Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Vy Goldman operates in the nontraditional bond sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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