Strathcona Resources Downside Variance
| SCR Stock | | | CAD 39.51 0.84 2.17% |
This technical indicator view for Downside Variance organizes signals for Strathcona Resources and comparable instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Strathcona Resources has a market cap of 8.46 B, operating margin of -23.2%, ROE of 7.2%. See
World Market Map for portfolio-level analysis. This suggests a position in Strathcona Resources within the allocation 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 inflation.
Strathcona Resources 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 |
Strathcona Resources Downside Variance Peers Comparison
Strathcona Downside Variance Relative To Other Indicators
Strathcona Resources 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.