Renrenle Commercial Semi Deviation

002336 Stock   6.33  0.30  4.98%   
Renrenle Commercial semi-deviation technical analysis lookup allows you to check this and other technical indicators for Renrenle Commercial Group or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Renrenle Commercial Group has current Semi Deviation of 2.74. 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)

 = 
2.74
SQRT = Square root notation
SV =   Renrenle Commercial semi variance of returns over selected period

Renrenle Commercial Semi Deviation Peers Comparison

Renrenle Semi Deviation Relative To Other Indicators

Renrenle Commercial Group is rated fifth in semi deviation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  3.72  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Renrenle Commercial Group is roughly  3.72 
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 Renrenle Commercial to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas