NGEx Minerals Semi Variance
| NGEX Stock | | | 27.07 0.29 1.08% |
This technical indicator view for Semi Variance organizes signals for NGEx Minerals and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. NGEx Minerals has market cap of 5.86 B, ROE of -124.43%. See
Correlation Analysis for portfolio-level analysis. This suggests a position in NGEx Minerals inside the allocation 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 inflation.
NGEx Minerals has current Semi Variance of 10.63. 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) |
| = | 10.63 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
NGEx Minerals Semi Variance Peers Comparison
NGEx Semi Variance Relative To Other Indicators
NGEx Minerals is rated
below average. in semi variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
1.52 of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for NGEx Minerals is roughly
1.52 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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