OVS SpA Semi Deviation
| OVS ETF | | | USD 40.30 0.61 1.54% |
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 OVS SpA's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
The current Semi Deviation of 1.15 places OVS SpA at moderate price variability. This places OVS SpA within the typical volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 1.15 | |
Semi Deviation Peers Comparison
Among sector peers, OVS SpA's Semi Deviation of 1.15 is above the 1.02 group average. The range runs from 0.6758 (TrueShares Structured Outcome) to 1.67 (Putnam ETF Trust). OVS SpA 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 OVS SpA 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.
Comparing Semi Deviation (
1.15 ) to Maximum Drawdown (
6.05 ) for OVS SpA yields a
5.26 multiple. This indicates Maximum Drawdown substantially exceeds Semi Deviation for OVS SpA.
Methodology, Assumptions & Data Sources
OVS SpA's Semi Deviation currently stands at 1.15. OVS SpA'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. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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