Flexsteel Industries Semi Variance
| FLXS Stock | | | USD 55.84 0.68 1.23% |
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 Flexsteel Industries's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
Flexsteel Industries registers a Semi Variance of 5.81, reflecting elevated price variability. This places Flexsteel Industries toward the higher end of the volatility range for Household Durables.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 5.81 | |
| 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 7.5 for Semi Variance, with Flexsteel Industries at 5.81 falling below that level. Readings span 1.96 (JAKKS Pacific) to 11.64 (Designer Brands). Flexsteel Industries 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 Flexsteel Industries 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.
Comparing Semi Variance (
5.81 ) to Maximum Drawdown (
34.03 ) for Flexsteel Industries yields a
5.86 multiple. This indicates Maximum Drawdown substantially exceeds Semi Variance for Flexsteel Industries.
Methodology, Assumptions & Data Sources
Flexsteel Industries' Semi Variance currently stands at 5.81. Semi Variance for Flexsteel Industries is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Flexsteel Industries operates in the consumer discretionary 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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