Tencent Holdings Semi Deviation

NNN1 Stock  EUR 53.00  2.00  3.92%   
Tencent Holdings semi-deviation technical analysis lookup allows you to check this and other technical indicators for Tencent Holdings Ltd 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
  
Tencent Holdings Ltd has current Semi Deviation of 2.22. 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)

 = 
2.22
SQRT = Square root notation
SV =   Tencent Holdings semi variance of returns over selected period

Tencent Holdings Semi Deviation Peers Comparison

Tencent Semi Deviation Relative To Other Indicators

Tencent Holdings Ltd is regarded third in semi deviation category among its peers. It is regarded third in maximum drawdown category among its peers reporting about  6.79  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Tencent Holdings Ltd is roughly  6.79 
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 Tencent Holdings to Peers

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