Toromont Industries Semi Variance
| TIH Stock | | | CAD 196.69 -5.10 -2.53% |
Toromont Industries semi variance lookup summarizes this and related technical indicators for Toromont Industries. Availability can vary by instrument;
Equity Screeners offers additional screening access. Toromont Industries has a market cap of 16.02 B, operating margin of 14.65%, ROE of 15.9%. Use
World Market Map to explore allocation context. This includes a position in Toromont Industries 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.
Toromont Industries has current Semi Variance of 2.3. 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) |
| = | 2.3 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Toromont Industries Semi Variance Peers Comparison
Toromont Semi Variance Relative To Other Indicators
Toromont Industries is rated
below average in semi variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.81 in Maximum Drawdown for each unit of Semi Variance. The spread between Maximum Drawdown and Semi Variance for Toromont Industries sits at
3.81 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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