American Balanced Semi Deviation
| ABALX Fund | | | USD 40.35 0.33 0.82% |
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. Below is American Balanced's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
The Semi Deviation of 0.5302 for American Balanced indicates low price variability. This places American Balanced at the lower end of the volatility range for Capital Group Funds.
Semi Deviation | = | SQRT(SV) |
| = | 0.5302 | |
Semi Deviation Peers Comparison
Relative to peers, American Balanced's Semi Deviation is below the group average of 0.87. Peer readings range from 0.5276 (American Balanced Fund) to 1.03 (Growth Fund Of), reflecting moderate dispersion across the sector. American Balanced has exhibited less price dispersion than the peer average over the measured period.
Semi Deviation Relative To Other Indicators
The chart below plots Semi Deviation against Maximum Drawdown for American Balanced and its peers. Each point represents one equity — position along the horizontal axis shows Semi Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
American Balanced's Maximum Drawdown of
2.95 runs about
5.56 times its Semi Deviation of
0.53 . This indicates Maximum Drawdown substantially exceeds Semi Deviation for American Balanced.
Methodology, Assumptions & Data Sources
American Balanced has a current Semi Deviation reading of 0.5302. The Semi Deviation for American Balanced applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. American Balanced operates in the allocation--50% to 70% equity sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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