Drillcon Semi Variance
| DRIL Stock | | | SEK 3.97 -0.14 -3.41% |
The Semi Variance signal for Drillcon AB reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data. Drillcon has a market cap of 267.15 M, operating margin of -3.05%, current ratio of 1.45. Use
Investing Opportunities to explore allocation context. Drillcon AB can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Drillcon AB's company valuation — related indicators include
signals in state.
Drillcon AB has current Semi Variance of 7.43. 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) |
| = | 7.43 | |
| 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
Drillcon AB maintains a
fourth standing in semi variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.38 of Maximum Drawdown per Semi Variance. For Drillcon AB, Maximum Drawdown stands at
2.38 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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