Mills Estruturas Semi Variance
| MILS3 Stock | | | BRL 14.19 -0.71 -4.77% |
The Semi Variance lookup presents technical context for Mills Estruturas e and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Mills Estruturas has a market cap of 2.47 B, operating margin of 29.21%, ROE of 18.51%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in Mills Estruturas e within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Mills Estruturas e has current Semi Variance of 2.36. 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) |
| = | 2.36 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Mills Estruturas Semi Variance Peers Comparison
Mills Semi Variance Relative To Other Indicators
Mills Estruturas e maintains a
fifth standing in semi variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.20 of Maximum Drawdown per Semi Variance. For Mills Estruturas e, Maximum Drawdown stands at
3.20 times Semi Variance
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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