SPDR Gold Semi Deviation vs. Variance

GQ9 Stock  EUR 231.43  0.00  0.00%   
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SPDR Gold Shares has current Semi Deviation of 0.9619. 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)

 = 
0.9619
SQRT = Square root notation
SV =   SPDR Gold semi variance of returns over selected period

SPDR Gold Semi Deviation Peers Comparison

SPDR Semi Deviation Relative To Other Indicators

SPDR Gold Shares is rated # 5 in semi deviation category among its peers. It is currently under evaluation in variance category among its peers making up about  1.00  of Variance per Semi Deviation. The ratio of Semi Deviation to Variance for SPDR Gold Shares is roughly  1.00 
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 Gold to Peers

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