InterContinental Semi Variance
| IHG Stock | | | USD 148.33 -1.29 -0.86% |
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 InterContinental's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 2.35, InterContinental's Semi Variance indicates moderate price variability. This places InterContinental within the typical volatility range for Hotels, Resorts & Cruise Lines.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 2.35 | |
| 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
InterContinental's Semi Variance of 2.35 falls below the 4.05 peer average. Values range from 0.9594 (Caseys General Stores) to 5.86 (Hyatt Hotels), with wide dispersion across the group. InterContinental 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 InterContinental 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.
InterContinental records a Semi Variance of
2.35 and a Maximum Drawdown of
9.82 , yielding roughly
4.18 units of Maximum Drawdown per Semi Variance. This indicates Maximum Drawdown is significantly higher than Semi Variance for InterContinental.
Methodology, Assumptions & Data Sources
InterContinental's Semi Variance currently stands at 2.35. Semi Variance for InterContinental is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. InterContinental 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.
Other Technical Indicators