New Found Semi Variance
| NFGC Stock | | | USD 2.46 -0.05 -1.99% |
New Found semi variance lookup summarizes this and related technical indicators for New Found Gold. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. New Found has a market cap of 894.4 M, ROE of -50.88%. Use
Correlation Analysis to explore allocation context. This includes a position in New Found Gold in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
New Found Gold has current Semi Variance of 0. 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) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
New Found Semi Variance Peers Comparison
New Semi Variance Relative To Other Indicators
New Found Gold is rated
below average. in semi variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors .
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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