Spinnaker ETF Semi Variance

KOOL Etf  USD 11.30  0.05  0.44%   
Spinnaker ETF semi-variance technical analysis lookup allows you to check this and other technical indicators for Spinnaker ETF Series or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Spinnaker ETF Series has current Semi Variance of 0.3689. 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.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
0.3689
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Spinnaker ETF Semi Variance Peers Comparison

Spinnaker Semi Variance Relative To Other Indicators

Spinnaker ETF Series is rated second overall ETF in semi variance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  10.66  of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for Spinnaker ETF Series is roughly  10.66 
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare Spinnaker ETF to Peers

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