Tomra Systems Semi Variance
| TMRAF Stock | | | USD 11.86 0.27 2.33% |
Tomra Systems semi variance lookup summarizes this and related technical indicators for Tomra Systems ASA. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Tomra Systems has a market cap of 5.21 B, operating margin of 12.51%, ROE of 17.21%. Use
World Market Map to explore allocation context. This includes a position in Tomra Systems ASA within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Tomra Systems ASA has current Semi Variance of 0. 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) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Tomra Systems Semi Variance Peers Comparison
Tomra Semi Variance Relative To Other Indicators
Tomra Systems ASA is rated
below average in semi variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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.
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.