Mainstay Tax Semi Deviation

MKTBX Fund  USD 9.48  0.01  0.11%   
Mainstay Tax semi-deviation technical analysis lookup allows you to check this and other technical indicators for Mainstay Tax Free 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
  
Mainstay Tax Free has current Semi Deviation of 0.215. 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)

 = 
0.215
SQRT = Square root notation
SV =   Mainstay Tax semi variance of returns over selected period

Mainstay Tax Semi Deviation Peers Comparison

Mainstay Semi Deviation Relative To Other Indicators

Mainstay Tax Free is rated below average in semi deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  5.97  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Mainstay Tax Free is roughly  5.97 
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 Mainstay Tax to Peers

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