American Airlines Semi Variance

AAL -- USA Stock  

USD 37.44  0.35  0.94%

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American Airlines Group has current Semi Variance of 2.16. 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.
American Airlines 
Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
2.16
SUM =   Summation notation
RET DEV =   Actual return deviation over selected period
N(ZERO) =   Number of points with returns less than zero

Semi Variance Comparison

American Airlines Group is rated fourth in semi variance category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  3.85  of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for American Airlines Group is roughly  3.85 
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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