Goldgroup Mining Semi Deviation

GGAZF Stock  USD 0.16  0.01  5.88%   
Goldgroup Mining semi-deviation technical analysis lookup allows you to check this and other technical indicators for Goldgroup Mining 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
  
Goldgroup Mining has current Semi Deviation of 5.31. 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)

 = 
5.31
SQRT = Square root notation
SV =   Goldgroup Mining semi variance of returns over selected period

Goldgroup Mining Semi Deviation Peers Comparison

Goldgroup Semi Deviation Relative To Other Indicators

Goldgroup Mining is rated # 2 in semi deviation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  10.22  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Goldgroup Mining is roughly  10.22 
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.
Compare Goldgroup Mining to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas