Taiwan Steel Semi Deviation vs. Coefficient Of Variation

6581 Stock  TWD 111.00  1.00  0.91%   
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Taiwan Steel Union has current Semi Deviation of 1.56. 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)

 = 
1.56
SQRT = Square root notation
SV =   Taiwan Steel semi variance of returns over selected period

Taiwan Steel Semi Deviation Peers Comparison

Taiwan Semi Deviation Relative To Other Indicators

Taiwan Steel Union is number one stock in semi deviation category among its peers. It is currently under evaluation in coefficient of variation category among its peers making about  1,739  of Coefficient Of Variation per Semi Deviation. The ratio of Coefficient Of Variation to Semi Deviation for Taiwan Steel Union is roughly  1,739 
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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