California Tax-free Semi Deviation

CFNTX Fund  USD 10.75  0.02  0.19%   
California Tax-free semi-deviation technical analysis lookup allows you to check this and other technical indicators for California Tax Free 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
  
California Tax Free Income has current Semi Deviation of 0.1557. 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)

 = 
0.1557
SQRT = Square root notation
SV =   California Tax-free semi variance of returns over selected period

California Tax-free Semi Deviation Peers Comparison

California Semi Deviation Relative To Other Indicators

California Tax Free Income is rated below average in semi deviation among similar funds. It is rated below average in maximum drawdown among similar funds reporting about  7.22  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for California Tax Free Income is roughly  7.22 
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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