Rechi Precision Downside Deviation

4532 Stock  TWD 26.65  0.20  0.76%   
Rechi Precision downside-deviation technical analysis lookup allows you to check this and other technical indicators for Rechi Precision Co 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
  
Rechi Precision Co has current Downside Deviation of 2.01. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.

Downside Deviation

=

SQRT(DV)

 = 
2.01
SQRT = Square root notation
DV =   Downside Variance of returns over selected period

Rechi Precision Downside Deviation Peers Comparison

Rechi Downside Deviation Relative To Other Indicators

Rechi Precision Co is rated second in downside deviation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  5.85  of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Rechi Precision Co is roughly  5.85 
It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
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