Freemelt Holding Semi Variance
| FREEM Stock | | | 1.72 0.17 10.97% |
Reference data associated with the Semi Variance technical indicator for Freemelt Holding AB. Values may reflect normalized price or volume observations.
Freemelt Holding AB has current Semi Variance of 6.96. 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) |
| = | 6.96 | |
| 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
Freemelt Holding AB maintains a
second standing in semi variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
2.24 of Maximum Drawdown per Semi Variance. For Freemelt Holding AB, Maximum Drawdown stands at
2.24 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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