Direxion Shares Semi Deviation

TSLL Etf  USD 13.77  -0.29  -2.06%   
The Semi Deviation technical lookup provides context for Direxion Shares ETF and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. World Market Map provides context for diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in Direxion Shares ETF in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Direxion Shares ETF has current Semi Deviation of 0. 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

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SQRT(SV)

 = 
0
SQRT = Square root notation
SV =   Direxion Shares semi variance of returns over selected period

Direxion Shares Semi Deviation Peers Comparison

Direxion Semi Deviation Relative To Other Indicators

Direxion Shares ETF is rated below average for semi deviation within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
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.
Compare Direxion Shares to Peers

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