Novan Inc Semi Deviation

NOVNW -  USA Stock  

USD 0.0004  0.0002  100.00%

Novan Inc semi-deviation technical analysis lookup allows you to check this and other technical indicators for Novan Inc WT 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

Novan Technical Indicator 

 
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Novan Inc WT has current Semi Deviation of 32.94. 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) 
 = 
32.94
SQRT = Square root notation
SV =   Novan Inc semi variance of returns over selected period

Novan Inc Semi Deviation Peers Comparison

Novan Semi Deviation Relative To Other Indicators

Novan Inc WT is considered to be number one stock in semi deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  19.73  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Novan Inc WT is roughly  19.73 
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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