Aris Mining Semi Variance
| ARIS Stock | | | CAD 23.60 -0.22 -0.92% |
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. Below is Aris Mining's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
The Semi Variance of 0 for Aris Mining indicates low price variability. This places Aris Mining at the lower end of the volatility range for Stock.
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 |
Semi Variance Peers Comparison
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for Aris Mining and its peers. Each point represents one equity — position along the horizontal axis shows Semi Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Aris Mining to PeersMethodology, Assumptions & Data Sources
Aris Mining's Semi Variance currently stands at 0. The Semi Variance for Aris Mining applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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