IShares Biotechnology Semi Deviation
| IBB ETF | | | USD 173.87 3.53 2.07% |
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 IShares Biotechnology's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
IShares Biotechnology registers a Semi Deviation of 1.29, reflecting moderate price variability. This places IShares Biotechnology within the typical volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 1.29 | |
Semi Deviation Peers Comparison
Relative to peers, IShares Biotechnology's Semi Deviation is above the group average of 1.01. Peer readings range from 0.5632 (WisdomTree LargeCap Dividend) to 1.48 (iShares MSCI Taiwan), reflecting moderate dispersion across the sector. IShares Biotechnology has exhibited greater 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 IShares Biotechnology 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.
IShares Biotechnology's Maximum Drawdown of
5.94 runs about
4.59 times its Semi Deviation of
1.29 . This indicates Maximum Drawdown is significantly higher than Semi Deviation for IShares Biotechnology.
Methodology, Assumptions & Data Sources
IShares Biotechnology's Semi Deviation currently stands at 1.29. IShares Biotechnology's Semi Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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