Midnight Sun Semi Deviation

MDNGF Stock  USD 0.18  0.01  5.26%   
Midnight Sun semi-deviation technical analysis lookup allows you to check this and other technical indicators for Midnight Sun Mining 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
  
Midnight Sun Mining has current Semi Deviation of 4.52. 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)

 = 
4.52
SQRT = Square root notation
SV =   Midnight Sun semi variance of returns over selected period

Midnight Sun Semi Deviation Peers Comparison

Midnight Semi Deviation Relative To Other Indicators

Midnight Sun Mining is regarded third in semi deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  7.30  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Midnight Sun Mining is roughly  7.30 
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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