IndexIQ Semi Deviation

MCRO Etf  USD 3.43  0.06  1.78%   
IndexIQ semi-deviation technical analysis lookup allows you to check this and other technical indicators for IndexIQ 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
  
IndexIQ has current Semi Deviation of 18.69. 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)

 = 
18.69
SQRT = Square root notation
SV =   IndexIQ semi variance of returns over selected period

IndexIQ Semi Deviation Peers Comparison

IndexIQ Semi Deviation Relative To Other Indicators

IndexIQ is rated number one ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  46.53  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for IndexIQ is roughly  46.53 
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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