Apple Semi Variance

AAPL -- USA Stock  

USD 192.02  1.62  0.85%

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Apple has current Semi Variance of 0.8935. Semi-variance provides a good measure of downside volatility for a 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.
Apple 
Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
0.8935
SUM =   Summation notation
RET DEV =   Actual return deviation over selected period
N(ZERO) =   Number of points with returns less than zero

Semi Variance Comparison

Apple is rated fourth in semi variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  3.34  of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for Apple is roughly  3.34 
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.
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