Fidelity New Semi Deviation

FTFMX Fund  USD 12.42  0.01  0.08%   
Fidelity New semi-deviation technical analysis lookup allows you to check this and other technical indicators for Fidelity New York 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
  
Fidelity New York has current Semi Deviation of 0.2559. 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.

Semi Deviation

=

SQRT(SV)

 = 
0.2559
SQRT = Square root notation
SV =   Fidelity New semi variance of returns over selected period

Fidelity New Semi Deviation Peers Comparison

Fidelity Semi Deviation Relative To Other Indicators

Fidelity New York is one of the top funds in semi deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  6.29  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Fidelity New York is roughly  6.29 
Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
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