Metro Downside Variance
| MRU Stock | | | CAD 95.02 1.41 1.51% |
The Downside Variance lookup presents technical context for Metro Inc and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Metro has a market cap of 20.25 B, operating margin of 6.44%, ROE of 13.92%.
Correlation Analysis can help frame allocation decisions. The allocation includes a position in Metro Inc across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Metro Inc has current Downside Variance of 0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Metro Downside Variance Peers Comparison
Metro Downside Variance Relative To Other Indicators
Metro Inc is rated
below average in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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