Teck Resources Semi Variance
| TECK-B Stock | | | CAD 65.07 -2.03 -3.03% |
This module presents the Semi Variance indicator for Teck Resources Limited using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments. Teck Resources has a market cap of 33.48 B, operating margin of 32.6%, ROE of 4.04%. Use
World Market Map to explore allocation context. Allocation data is presented for contextual reference. Allocation figures are based on reported position values. The content reflects structured data inputs rather than subjective analysis. This includes a position in Teck Resources Limited. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Teck Resources Limited has current Semi Variance of 8.66. 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) |
| = | 8.66 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Semi Variance Relative To Other Indicators
Teck Resources Limited is rated
third in semi variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.66 of Maximum Drawdown per Semi Variance. At
1.66 , Teck Resources Limited's Maximum Drawdown-to-Semi Variance multiple reflects the spread between these metrics
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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