European Residential Semi Deviation
| ERE-UN Stock | | | CAD 1.19 0.01 0.85% |
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 European Residential's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
A Semi Deviation of 0.4194 for European Residential signals low price variability. This places European Residential at the lower end of the volatility range for Diversified REITs.
Semi Deviation | = | SQRT(SV) |
| = | 0.4194 | |
Semi Deviation Peers Comparison
Relative to peers, European Residential's Semi Deviation is below the group average of 1.95. Peer readings range from 0.7104 (Canadian Net Real) to 2.7 (Urbanfund Corp), reflecting wide dispersion across the sector. European Residential 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 European Residential 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.
European Residential's Maximum Drawdown of
3.52 runs about
8.39 times its Semi Deviation of
0.42 . This indicates Maximum Drawdown substantially exceeds Semi Deviation for European Residential.
Methodology, Assumptions & Data Sources
The current Semi Deviation for European Residential is 0.4194. This Semi Deviation reading for European Residential results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. European Residential operates in the real estate 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 stock metric is provided for analytical reference.
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