Ching Feng Downside Deviation vs. Standard Deviation

9935 Stock  TWD 30.90  0.30  0.96%   
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Ching Feng Home has current Downside Deviation of 2.65. 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)

 = 
2.65
SQRT = Square root notation
DV =   Downside Variance of returns over selected period

Ching Feng Downside Deviation Peers Comparison

Ching Downside Deviation Relative To Other Indicators

Ching Feng Home is rated second in downside deviation category among its peers. It is currently under evaluation in standard deviation category among its peers creating about  1.06  of Standard Deviation per Downside Deviation. The ratio of Standard Deviation to Downside Deviation for Ching Feng Home is roughly  1.06 
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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