First Tellurium Downside Variance
| FSTTF Stock | | | USD 0.12 0.01 9.09% |
The Downside Variance indicator for First Tellurium Corp is derived from observed market data. The dataset is based on observed market activity where data is available. First Tellurium has a market cap of 16.77 M, ROE of -4.16%. Review
Investing Opportunities for broader portfolio context. The portfolio view reflects current allocation structure. A position in First Tellurium Corp is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in real.
First Tellurium Corp has current Downside Variance of 56.9. 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) |
| = | 56.9 | |
| 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
First Tellurium Corp is rated
below average in downside variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.55 Maximum Drawdown per unit of Downside Variance. First Tellurium Corp carries a
1.81 x Downside Variance-to-Maximum Drawdown ratio
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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