Alumexx NV Semi Variance
| ALX Stock | | | EUR 1.46 -0.03 -2.01% |
The Semi Variance indicator for Alumexx NV is constructed from normalized market data. The depth of trading history affects the precision of the indicator. Alumexx NV has a market cap of 22.12 M, operating margin of 3.19%, current ratio of 1.49. For allocation context, review
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Alumexx NV has current Semi Variance of 4.2. 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)2N(ZERO) |
| = | 4.2 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Semi Variance Relative To Other Indicators
Alumexx NV earns the top ranking in semi variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.87 of Maximum Drawdown per Semi Variance. For Alumexx NV, Maximum Drawdown stands at
2.87 times Semi Variance
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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