Tenet Healthcare Semi Deviation
| THC Stock | | | USD 190.38 -3.75 -1.93% |
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 Tenet Healthcare's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
With Semi Deviation at 2.34, Tenet Healthcare shows moderate price variability. This places Tenet Healthcare within the typical volatility range for Health Care Providers & Services.
Semi Deviation | = | SQRT(SV) |
| = | 2.34 | |
Semi Deviation Peers Comparison
Among sector peers, Tenet Healthcare's Semi Deviation of 2.34 is above the 2.32 group average. The range runs from 0.9355 (Select Medical Holdings) to 3.94 (AMN Healthcare Services). Tenet Healthcare 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 Tenet Healthcare 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.
With Semi Deviation at
2.34 and Maximum Drawdown at
21.58 , Tenet Healthcare shows a
9.23 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Semi Deviation for Tenet Healthcare.
Methodology, Assumptions & Data Sources
Tenet Healthcare's Semi Deviation currently stands at 2.34. This Semi Deviation reading for Tenet Healthcare results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Tenet Healthcare operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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