Largo Resources Semi Variance
| LGO Stock | | | CAD 1.56 -0.09 -5.45% |
The Semi Variance signal for Largo Resources reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners. Largo Resources has a market cap of 130.53 M, operating margin of -7.33%, ROE of -38.41%. Review
Correlation Analysis for a broader allocation view. The allocation includes a position in Largo Resources. The sizing of each position reflects the overall allocation strategy. 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.
Discover how to invest in Largo Stock by reading our
How to Buy Largo Stock guide. It offers practical guidance on account setup, order types, and timing for Largo Resources. Use it as a practical starting point for your Largo Stock investment research.
Largo Resources has current Semi Variance of 31.16. 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) |
| = | 31.16 | |
| 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
Largo Resources takes the leading position in semi variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.24 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Largo Resources sits at
1.24 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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