Bank of New York Semi Deviation
| BK Stock | | | CAD 15.13 0.06 0.40% |
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 Bank of New York's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
The Semi Deviation of 1.38 for Bank of New York indicates moderate price variability. This places Bank of New York within the typical volatility range for Stock.
Semi Deviation | = | SQRT(SV) |
| = | 1.38 | |
Semi Deviation Peers Comparison
Relative to peers, Bank of New York's Semi Deviation is below the group average of 1.72. Peer readings range from 0.6592 (Aimia Srs 1) to 2.41 (North American Financial), reflecting wide dispersion across the sector. Bank of New York 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 Bank of New York 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.
Bank of New York shows nearly
6.21 of Maximum Drawdown per unit of Semi Deviation (
1.38 versus
8.55 ). This indicates Maximum Drawdown substantially exceeds Semi Deviation for Bank of New York.
Methodology, Assumptions & Data Sources
Bank of New York has a current Semi Deviation reading of 1.38. Semi Deviation for Bank of New York is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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