21Shares Bitcoin Semi Deviation

CBTC Etf   13.17  -0.13  -0.98%   
This dataset for 21Shares Bitcoin Core reflects inputs used in the Semi Deviation calculation. Extended technical indicator views are accessible through Equity Screeners. Diversification context is available through Trending Equities. Diversification context helps frame allocation across holdings. 21Shares Bitcoin Core can be evaluated within a portfolio framework for weight and risk impact. This view summarizes available data without implying outcomes. Broader economic conditions can influence 21Shares Bitcoin Core's etf valuation — related indicators include signals in inflation.
21Shares Bitcoin Core has current Semi Deviation of 0. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.

Semi Deviation

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SQRT(SV)

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0
SQRT = Square root notation
SV =   21Shares Bitcoin semi variance of returns over selected period

Semi Deviation Peers Comparison

Semi Deviation Relative To Other Indicators

21Shares Bitcoin Core is rated below average for semi deviation relative to ETF peers. It is rated below average for maximum drawdown relative to ETF peers .
Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean. Compare 21Shares Bitcoin to Peers

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