Alger 35 Semi Deviation
| ATFV ETF | | | USD 38.49 0.43 1.13% |
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 Alger 35's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
Alger 35 registers a Semi Deviation of 1.38, reflecting moderate price variability. This places Alger 35 within the typical volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 1.38 | |
Semi Deviation Peers Comparison
Relative to peers, Alger 35's Semi Deviation is above the group average of 0.0. Peer readings range from 0.3338 (Pacer Swan SOS) to 1.69 (Matthews International Funds), reflecting tight clustering across the sector. Alger 35 has exhibited greater 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 Alger 35 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.
Alger 35 produces
4.71 in Maximum Drawdown for each unit of Semi Deviation, with respective readings of
6.50 and
1.38 . This indicates Maximum Drawdown is significantly higher than Semi Deviation for Alger 35.
Methodology, Assumptions & Data Sources
Alger 35's Semi Deviation currently stands at 1.38. The Semi Deviation for Alger 35 is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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