Canlan Ice Semi Variance
| ICE Stock | | | CAD 4.03 -0.07 -1.71% |
The Semi Variance calculation for Canlan Ice draws on price and volume history. Each data point is derived from standardized price and volume feeds. Canlan Ice has a market cap of 59.48 M, operating margin of 0.12%, ROE of 8.22%.
Risk vs Return Analysis can help frame allocation decisions. The view reflects the current state of portfolio allocation. The view is constructed from recorded portfolio positions. This summary reflects available observations without forecasting intent. The allocation shows a weighting toward Canlan Ice Sports. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. The data shown is informational and should not be interpreted as guidance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Canlan Ice Sports has current Semi Variance of 0. 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) |
| = | 0 | |
| 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
Canlan Ice Sports is rated
below average in semi variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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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