Canaan Semi Variance

CAN Stock  USD 1.97  0.15  8.24%   
Canaan semi-variance technical analysis lookup allows you to check this and other technical indicators for Canaan Inc or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Canaan Inc has current Semi Variance of 29.27. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
29.27
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Canaan Semi Variance Peers Comparison

Canaan Semi Variance Relative To Other Indicators

Canaan Inc is number one stock in semi variance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1.70  of Maximum Drawdown per Semi Variance.
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare Canaan to Peers

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