Tomra Systems Downside Variance
| TMRAY Stock | | | USD 11.43 0.06 0.53% |
Observed values used in the Downside Variance indicator for Tomra Systems ASA are included in this dataset. The underlying data comes from exchange-reported trading records. Tomra Systems has a market cap of 5.25 B, operating margin of 12.51%, current ratio of 2.96. Use
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Tomra Systems ASA has current Downside Variance of 0. 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) |
| = | 0 | |
| 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
Tomra Systems ASA is rated
below average in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
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.
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