Topaz Energy Semi Variance
| TPZ Stock | | | CAD 31.36 0.34 1.10% |
Topaz Energy semi variance lookup summarizes this and related technical indicators for Topaz Energy Corp. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Topaz Energy has a market cap of 4.8 B, operating margin of 120.37%, ROE of 8.3%. Use
World Market Map to explore allocation context. This includes a position in Topaz Energy Corp 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 inflation.
Topaz Energy Corp has current Semi Variance of 1.59. 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) |
| = | 1.59 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Topaz Energy Semi Variance Peers Comparison
Topaz Semi Variance Relative To Other Indicators
Topaz Energy Corp is rated
below average. in semi variance category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
3.83 of Maximum Drawdown per Semi Variance. The ratio of Maximum Drawdown to Semi Variance for Topaz Energy Corp is roughly
3.83 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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