VY GOLDMAN Semi Variance
| VGSBX Fund | | | USD 9.50 0.01 0.11% |
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 VY GOLDMAN's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
VY GOLDMAN carries a Semi Variance of 0.0061, consistent with low price variability. This places VY GOLDMAN at the lower end of the volatility range for Voya Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.0061 | |
| 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
VY GOLDMAN falls below the 1.19 peer average for Semi Variance. Fidelity Diversified International leads at 1.96 while Columbia Mod Conservative registers the lowest at 0.1219. VY GOLDMAN has exhibited less 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 Vy Goldman 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.
VY GOLDMAN's Maximum Drawdown of
0.64 runs about
104.26 times its Semi Variance of
0.01 . This indicates Maximum Drawdown substantially exceeds Semi Variance for VY GOLDMAN.
Methodology, Assumptions & Data Sources
The current Semi Variance for VY GOLDMAN is 0.0061. This Semi Variance reading for VY GOLDMAN results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. 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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