Novabase SGPS Semi Variance
| NBA Stock | | | EUR 8.85 -0.20 -2.21% |
Observed values used to calculate the Semi Variance technical indicator for Novabase SGPS. Values may reflect normalized price or volume observations.
Novabase SGPS has current Semi Variance of 1.09. 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) |
| = | 1.09 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Novabase SGPS Semi Variance Peers Comparison
Novabase Semi Variance Relative To Other Indicators
Novabase SGPS maintains a
second standing in semi variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
7.03 of Maximum Drawdown per Semi Variance. For Novabase SGPS, Maximum Drawdown stands at
7.03 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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