First Trust Semi Deviation

FDN Etf  CAD 27.04  0.27  1.01%   
Observed values used to calculate the Semi Deviation technical indicator for First Trust Dow. Coverage may vary across instruments due to feed availability.
First Trust Dow 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

=

SQRT(SV)

 = 
0
SQRT = Square root notation
SV =   First Trust semi variance of returns over selected period

First Trust Semi Deviation Peers Comparison

First Semi Deviation Relative To Other Indicators

First Trust Dow is rated below average in semi deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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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