Space-Communication Downside Variance
| SPMMF Pink Sheet | | | USD 0.89 0.00 0.00% |
The Downside Variance profile for Space Communication is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Space-Communication has a market cap of 48.56 M, operating margin of 17.9%, current ratio of 1.86.
World Market Map can help frame allocation decisions. Portfolio analysis tools can evaluate how Space Communication fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence Space Communication's company valuation — related indicators include
signals in inflation.
Space Communication 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 |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Space Communication is rated
below average in downside variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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.
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