SSR Mining Downside Variance
| SSRM Stock | | | CAD 33.29 1.81 5.75% |
Observed values used in the Downside Variance indicator for SSR Mining are included in this dataset. For broader technical screening across instruments, see
Equity Screeners. SSR Mining has a market cap of 6.4 B, operating margin of 43.11%, ROE of 8.77%.
World Market Map can help frame allocation decisions. The allocation includes a position in SSR Mining. The position falls 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.
Discover how to invest in SSR Stock by reading our
How to Buy SSR Stock guide. It offers practical guidance on account setup, order types, and timing for SSR Mining. Use it as a practical starting point for your SSR Stock investment research.
SSR Mining has current Downside Variance of 24.44. 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) |
| = | 24.44 | |
| 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
SSR Mining lands at
#2 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.07 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for SSR Mining sits at
1.07 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.
Compare SSR Mining to Peers
Other Technical Indicators