Tenet Healthcare Semi Variance

THC Stock  USD 224.73  -9.85  -4.20%   
Tenet Healthcare semi variance lookup summarizes this and related technical indicators for Tenet Healthcare. Availability can vary by instrument; Equity Screeners offers additional screening access. Tenet Healthcare has a market cap of 19.75 B, operating margin of 17.46%, ROE of 27.02%. Use World Market Map to explore allocation context. This includes a position in Tenet Healthcare 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 rate.
Interested in buying Tenet Stock? Our How to Buy Tenet Healthcare guide covers everything you need to know.
Tenet Healthcare has current Semi Variance of 2.23. 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)2

N(ZERO)

 = 
2.23
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero

Tenet Healthcare Semi Variance Peers Comparison

Tenet Semi Variance Relative To Other Indicators

Tenet Healthcare is rated below average for semi variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Semi Variance ratio near 8.57 . The Maximum Drawdown to Semi Variance ratio for Tenet Healthcare comes in at 8.57
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.
Compare Tenet Healthcare to Peers

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas