Kelt Exploration Semi Variance
| KEL Stock | | | CAD 9.25 -0.10 -1.07% |
The Semi Variance indicator for Kelt Exploration is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings. For broader technical screening across instruments, see
Equity Screeners. Kelt Exploration has a market cap of 1.86 B, operating margin of 23.87%, ROE of 5.73%. For allocation context, review
Correlation Analysis. Allocation details are provided as informational context. A position in Kelt Exploration appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. All figures are based on reported data and are informational in nature. 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.
Kelt Exploration has current Semi Variance of 3.88. 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) |
| = | 3.88 | |
| 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
Kelt Exploration lands at
#4 in semi variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
2.42 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Kelt Exploration sits at
2.42 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.
Compare Kelt Exploration to Peers
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