WASATCH MICRO Semi Variance
| WAMVX Fund | | | USD 4.58 -0.04 -0.87% |
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 WASATCH MICRO's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 1.47, WASATCH MICRO exhibits moderate price variability in Semi Variance. This places WASATCH MICRO within the typical volatility range for Mutual Fund Funds.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 1.47 | |
| 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
Among sector peers, WASATCH MICRO's Semi Variance of 1.47 is above the 1.09 group average. The range runs from 0.5634 (Northern Large Cap) to 1.54 (Aberdeen Small Cap). WASATCH MICRO 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 Wasatch Micro 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.
WASATCH MICRO's Maximum Drawdown of
5.77 runs about
3.92 times its Semi Variance of
1.47 . This indicates Maximum Drawdown is significantly higher than Semi Variance for WASATCH MICRO.
Methodology, Assumptions & Data Sources
WASATCH MICRO's Semi Variance currently stands at 1.47. The Semi Variance for WASATCH MICRO applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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