Global Atomic Downside Variance
| GLO Stock | | | CAD 0.79 0.02 2.60% |
The Downside Variance profile for Global Atomic Corp is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Global Atomic has a market cap of 377.52 M, operating margin of -2.85%, current ratio of 9.53. See
Risk vs Return Analysis for portfolio-level analysis. Global Atomic Corp can be evaluated within a portfolio framework for weight and risk impact. All values are presented as reference data. Broader economic conditions can influence Global Atomic Corp's company valuation — related indicators include
signals in inflation.
Global Atomic Corp has current Downside Variance of 40.7. 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) |
| = | 40.7 | |
| 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
Global Atomic Corp takes the leading position in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.07 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Global Atomic Corp 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.
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