Purpose Monthly Semi Deviation

PIN Etf  CAD 17.98  0.01  0.06%   
Purpose Monthly semi-deviation technical analysis lookup allows you to check this and other technical indicators for Purpose Monthly Income 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
  
Purpose Monthly Income has current Semi Deviation of 0.1335. 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)

 = 
0.1335
SQRT = Square root notation
SV =   Purpose Monthly semi variance of returns over selected period

Purpose Monthly Semi Deviation Peers Comparison

Purpose Semi Deviation Relative To Other Indicators

Purpose Monthly Income is regarded fourth largest ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  11.35  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Purpose Monthly Income is roughly  11.35 
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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