SavvyShort TSLA Semi Deviation
| TSLD Etf | | | 12.11 -0.08 -0.66% |
This module presents the Semi Deviation indicator for SavvyShort TSLA ETF using available market inputs. The underlying data comes from exchange-reported trading records.
Diversification context is available through
World Market Map. Diversified allocation aims to distribute exposure across multiple positions. Broader economic conditions can influence SavvyShort TSLA ETF's etf valuation — related indicators include
signals in inflation.
SavvyShort TSLA ETF has current Semi Deviation of 3.8. 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) |
| = | 3.8 | |
Semi Deviation Peers Comparison
Semi Deviation Relative To Other Indicators
SavvyShort TSLA ETF takes the leading position in semi deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.20 in Maximum Drawdown for each unit of Semi Deviation. The spread between Maximum Drawdown and Semi Deviation for SavvyShort TSLA ETF sits at
5.20 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 SavvyShort TSLA to Peers
Other Technical Indicators