Butterfly Network Semi Variance
| BFLY Stock | | | USD 4.15 -0.09 -2.12% |
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 Butterfly Network's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
A Semi Variance of 31.15 for Butterfly Network signals elevated price variability. This places Butterfly Network toward the higher end of the volatility range for Health Care Equipment & Supplies.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 31.15 | |
| 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
Butterfly Network's Semi Variance of 31.15 falls above the -166.78 peer average. Values range from -701.8335 (Astria Therapeutics) to 16.38 (Evolent Health), with tight clustering across the group. Butterfly Network has exhibited greater price dispersion than the peer average over the measured period.
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for Butterfly Network 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.
Butterfly Network's Maximum Drawdown of
69.49 runs about
2.23 times its Semi Variance of
31.15 . This indicates Maximum Drawdown is significantly higher than Semi Variance for Butterfly Network.
Methodology, Assumptions & Data Sources
Butterfly Network has a current Semi Variance reading of 31.15. The Semi Variance for Butterfly Network is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Butterfly Network operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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