Collective Mining Downside Variance
| CNL Stock | | | CAD 21.03 -1.36 -6.07% |
The Downside Variance technical lookup provides context for Collective Mining and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Collective Mining has a market cap of 1.94 B, ROE of -120.35%. Use
Trending Equities to explore allocation context. This suggests a position in Collective Mining inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Our
How to Invest in Collective Mining guide provides practical guidance on trading Collective Stock.
Collective Mining has current Downside Variance of 23.87. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 23.87 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Collective Mining Downside Variance Peers Comparison
Collective Downside Variance Relative To Other Indicators
Collective Mining lands at
#2 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.93 in Maximum Drawdown for each unit of Downside Variance. The spread between Downside Variance and Maximum Drawdown for Collective Mining sits at
1.07 Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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.