TerrAscend Corp Downside Variance
| TSND Stock | | | 0.93 0.05 5.68% |
This technical indicator view for Downside Variance organizes signals for TerrAscend Corp and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. TerrAscend Corp has a market cap of 325.36 M, operating margin of 17.11%, ROE of -43.18%. See
World Market Map for portfolio-level analysis. This suggests a position in TerrAscend Corp inside the allocation 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.
TerrAscend Corp has current Downside Variance of 100.7. 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) |
| = | 100.7 | |
| 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 |
TerrAscend Corp Downside Variance Peers Comparison
TerrAscend Downside Variance Relative To Other Indicators
TerrAscend Corp takes the leading position in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.21 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for TerrAscend Corp sits at
1.21 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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