Frontier Lithium Semi Variance
| LITOF Stock | | | USD 0.58 -0.01 -1.69% |
Observed values used to calculate the Semi Variance technical indicator for Frontier Lithium. Indicator values reflect available price and volume data where applicable.
Frontier Lithium has current Semi Variance of 10.43. 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) |
| = | 10.43 | |
| 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
Frontier Lithium is rated
below average in semi variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
2.02 Maximum Drawdown per unit of Semi Variance. Frontier Lithium carries a
2.02 x Maximum Drawdown-to-Semi Variance ratio
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 Frontier Lithium to Peers
Other Technical Indicators