Guangdong Skychem Semi Deviation vs. Coefficient Of Variation

688603 Stock   128.22  0.02  0.02%   
Guangdong Skychem technical analysis lookup allows you to check this and other technical indicators for Guangdong Skychem Technology 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
Guangdong Skychem Technology has current Semi Deviation of 3.33. 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)

 = 
3.33
SQRT = Square root notation
SV =   Guangdong Skychem semi variance of returns over selected period

Guangdong Skychem Semi Deviation Peers Comparison

Guangdong Semi Deviation Relative To Other Indicators

Guangdong Skychem Technology is number one stock in semi deviation category among its peers. It is currently under evaluation in coefficient of variation category among its peers making about  108.05  of Coefficient Of Variation per Semi Deviation. The ratio of Coefficient Of Variation to Semi Deviation for Guangdong Skychem Technology is roughly  108.05 
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 Guangdong Skychem to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas