Reliance Steel Semi Deviation

RS Stock  USD 319.49  0.67  0.21%   
Reliance Steel semi-deviation technical analysis lookup allows you to check this and other technical indicators for Reliance Steel Aluminum 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
  
Reliance Steel Aluminum has current Semi Deviation of 0.8522. 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)

 = 
0.8522
SQRT = Square root notation
SV =   Reliance Steel semi variance of returns over selected period

Reliance Steel Semi Deviation Peers Comparison

Reliance Semi Deviation Relative To Other Indicators

Reliance Steel Aluminum is rated below average in semi deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  18.20  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Reliance Steel Aluminum is roughly  18.20 
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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