Quanex Building Semi Deviation

NX Stock  USD 28.81  2.06  6.67%   
Quanex Building semi-deviation technical analysis lookup allows you to check this and other technical indicators for Quanex Building Products 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
  
Quanex Building Products has current Semi Deviation of 2.85. 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)

 = 
2.85
SQRT = Square root notation
SV =   Quanex Building semi variance of returns over selected period

Quanex Building Semi Deviation Peers Comparison

Quanex Semi Deviation Relative To Other Indicators

Quanex Building Products is considered to be number one stock in semi deviation category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  11.42  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Quanex Building Products is roughly  11.42 
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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