Casa Minerals Semi Variance
| CASXF Stock | | | USD 0.19 -0.01 -5.00% |
The Semi Variance reading for Casa Minerals is computed from historical trading observations. Broader indicator relationships are reflected within
Equity Screeners. Casa Minerals has a market cap of 4.66 M, current ratio of 9.85. See
Trending Equities for portfolio-level analysis. Including Casa Minerals in a portfolio enables allocation and risk analysis. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Casa Minerals's company valuation — related indicators include
signals in services.
Casa Minerals has current Semi Variance of 31.07. 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) |
| = | 31.07 | |
| 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
Casa Minerals ranks
fourth among pink sheets in semi variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
3.87 Maximum Drawdown per unit of Semi Variance. Casa Minerals carries a
3.87 x Maximum Drawdown-to-Semi Variance ratio
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 Casa Minerals to Peers
Other Technical Indicators