First Trust Semi Deviation

FSGS Etf   29.22  -0.18  -0.61%   
Reference data associated with the Semi Deviation technical indicator for First Trust SMID. Certain instruments may report limited data depending on market coverage.
First Trust SMID 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

Semi Deviation Peers Comparison

Semi Deviation Relative To Other Indicators

First Trust SMID is rated below average in semi deviation across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
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 First Trust to Peers

Other Technical Indicators