Freemelt Holding Downside Variance
| FREEM Stock | | | 1.46 -0.11 -7.01% |
Technical inputs supporting the Downside Variance indicator for Freemelt Holding AB are shown here. Values are derived from historical price and volume observations. Freemelt Holding has a market cap of 243.76 M, operating margin of -32.87%, ROE of -17.3%. Allocation context is available in
Investing Opportunities. The portfolio view reflects current allocation structure. The data reflects holdings as of the most recent update. The allocation shows a weighting toward Freemelt Holding AB. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. The information is presented without directional commentary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Freemelt Holding AB has current Downside Variance of 11.17. 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) |
| = | 11.17 | |
| 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 |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Freemelt Holding AB maintains a
second standing in downside variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.76 of Maximum Drawdown per Downside Variance. For Freemelt Holding AB, Maximum Drawdown stands at
1.76 times Downside Variance
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.
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