Magnis Energy Semi Deviation

MNSEF Stock  USD 0.02  0.01  33.33%   
Magnis Energy semi-deviation technical analysis lookup allows you to check this and other technical indicators for Magnis Energy Technologies 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
  
Magnis Energy Technologies has current Semi Deviation of 12.84. 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)

 = 
12.84
SQRT = Square root notation
SV =   Magnis Energy semi variance of returns over selected period

Magnis Energy Semi Deviation Peers Comparison

Magnis Semi Deviation Relative To Other Indicators

Magnis Energy Technologies is regarded third in semi deviation category among its peers. It is regarded second in maximum drawdown category among its peers reporting about  6.49  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Magnis Energy Technologies is roughly  6.49 
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.
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