Aldeyra Semi Variance

ALDX Stock  USD 4.67  -0.27  -5.47%   
Aldeyra semi variance lookup summarizes this and related technical indicators for Aldeyra. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Aldeyra has a market cap of 297.3 M, ROE of -58.73%. Use Trending Equities to explore allocation context. This includes a position in Aldeyra across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more information on how to buy Aldeyra Stock please use our How to Buy Aldeyra Stock guide.
Aldeyra has current Semi Variance of 23.91. Semi-variance provides a good measure of downside volatility for 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.

Semi Variance

 = 

SUM(RET DEV)2

N(ZERO)

 = 
23.91
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Aldeyra Semi Variance Peers Comparison

Aldeyra Semi Variance Relative To Other Indicators

Aldeyra is rated second in semi variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about 1.83 of Maximum Drawdown per Semi Variance. At 1.83 , Aldeyra's Maximum Drawdown-to-Semi Variance multiple reflects the spread between these metrics
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.
Compare Aldeyra to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas