SavvyLong Semi Deviation
| COMU Etf | | | 25.91 0.00 0.00% |
The Semi Deviation indicator for SavvyLong is constructed from normalized market data. Values reflect historical observations within the available dataset.
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SavvyLong 2X CIBC has current Semi Deviation of 1.44. 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 | = | SQRT(SV) |
| = | 1.44 | |
Semi Deviation Peers Comparison
Semi Deviation Relative To Other Indicators
SavvyLong 2X CIBC lands at
#5 in semi deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
14.42 in Maximum Drawdown for each unit of Semi Deviation. The spread between Maximum Drawdown and Semi Deviation for SavvyLong 2X CIBC sits at
14.42 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.
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