Precision Drilling Semi Variance
| PD Stock | | | CAD 125.98 -1.16 -0.91% |
The Semi Variance lookup presents technical context for Precision Drilling and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Precision Drilling has a market cap of 1.67 B, operating margin of 7.91%, ROE of 0.19%.
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Precision Drilling has current Semi Variance of 2.29. 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) |
| = | 2.29 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Precision Drilling Semi Variance Peers Comparison
Precision Semi Variance Relative To Other Indicators
Precision Drilling is rated
below average in semi variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
5.30 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Precision Drilling sits at
5.30 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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