PAX Global Semi Deviation

P8X Stock  EUR 0.62  0.01  1.59%   
PAX Global semi-deviation technical analysis lookup allows you to check this and other technical indicators for PAX Global 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
  
PAX Global Technology has current Semi Deviation of 5.05. 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)

 = 
5.05
SQRT = Square root notation
SV =   PAX Global semi variance of returns over selected period

PAX Global Semi Deviation Peers Comparison

PAX Semi Deviation Relative To Other Indicators

PAX Global Technology 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  9.46  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for PAX Global Technology is roughly  9.46 
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 PAX Global to Peers

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