SPDR MSCI Semi Deviation

STKX Etf  CHF 144.20  0.32  0.22%   
Historical market data for SPDR MSCI Europe forms the basis of the Semi Deviation indicator shown here. Related indicator context is organized within Equity Screeners. Diversification context is available through World Market Map. Diversified allocation aims to distribute exposure across multiple positions. Tracking SPDR MSCI Europe in a portfolio provides context for performance attribution. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence SPDR MSCI Europe's etf valuation — related indicators include signals in inflation.
SPDR MSCI Europe has current Semi Deviation of 1.68. 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)

 = 
1.68
SQRT = Square root notation
SV =   SPDR MSCI semi variance of returns over selected period

Semi Deviation Peers Comparison

Semi Deviation Relative To Other Indicators

SPDR MSCI Europe stands at number one for semi deviation relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a 5.70 ratio of Maximum Drawdown to Semi Deviation.
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 SPDR MSCI to Peers

Other Technical Indicators