DeFiance Daily Semi Deviation
| IONZ Etf | | | 24.28 2.89 13.51% |
The Semi Deviation indicator for Defiance Daily Target is derived from observed market data. Some instruments may report limited inputs depending on trading history. Use
Risk vs Return Analysis to better understand diversified portfolio construction. All figures are based on reported data and are informational in nature. Defiance Daily Target can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Defiance Daily Target's etf valuation — related indicators include
signals in inflation.
Defiance Daily Target has current Semi Deviation of 12.52. 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) |
| = | 12.52 | |
Semi Deviation Peers Comparison
Semi Deviation Relative To Other Indicators
Defiance Daily Target ranks first in semi deviation compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
5.74 of Maximum Drawdown per Semi Deviation. At
5.74 , Defiance Daily Target's Maximum Drawdown-to-Semi Deviation multiple reflects the spread between these metrics
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 DeFiance Daily to Peers
Other Technical Indicators