Zymeworks Common Semi Deviation
| ZYME Stock | | | USD 26.60 -1.01 -3.66% |
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 Zymeworks Common's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
Zymeworks Common registers a Semi Deviation of 2.46, reflecting moderate price variability. This places Zymeworks Common within the typical volatility range for Biotechnology.
Semi Deviation | = | SQRT(SV) |
| = | 2.46 | |
Semi Deviation Peers Comparison
Relative to peers, Zymeworks Common's Semi Deviation is below the group average of 3.12. Peer readings range from 2.07 (BioCryst Pharmaceuticals) to 5.02 (Intellia Therapeutics), reflecting moderate dispersion across the sector. Zymeworks Common has exhibited less 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 Zymeworks Common 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
2.46 and Maximum Drawdown at
12.59 , Zymeworks Common shows a
5.12 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Semi Deviation for Zymeworks Common.
Methodology, Assumptions & Data Sources
Zymeworks Common has a current Semi Deviation reading of 2.46. The Semi Deviation for Zymeworks Common is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Zymeworks Common 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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