Tiger Brands Semi Variance

TBS Stock   28,971  126.00  0.43%   
Tiger Brands semi-variance technical analysis lookup allows you to check this and other technical indicators for Tiger Brands 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
  
Tiger Brands has current Semi Variance of 0.1641. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
0.1641
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Tiger Brands Semi Variance Peers Comparison

Tiger Semi Variance Relative To Other Indicators

Tiger Brands is rated fourth in semi variance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  28.61  of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for Tiger Brands is roughly  28.61 
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare Tiger Brands to Peers

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