Consolidated Edison Semi Variance
| ED Stock | | | USD 109.06 -1.19 -1.08% |
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 Consolidated Edison's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
Consolidated Edison registers a Semi Variance of 0.8873, reflecting low price variability. This places Consolidated Edison at the lower end of the volatility range for Multi-Utilities.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.8873 | |
| 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
The peer group averages 1.12 for Semi Variance, with Consolidated Edison at 0.8873 falling below that level. Readings span 0.5817 (Fortis Inc) to 2.17 (PGE Corp). Consolidated Edison has exhibited less 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 Consolidated Edison 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.
With Semi Variance at
0.89 and Maximum Drawdown at
4.13 , Consolidated Edison shows a
4.65 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Semi Variance for Consolidated Edison.
Methodology, Assumptions & Data Sources
Consolidated Edison's Semi Variance currently stands at 0.8873. Consolidated Edison's Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Consolidated Edison operates in the utilities 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.
Other Technical Indicators