MGE Energy Semi Variance
| MGEE Stock | | | USD 80.81 0.06 0.07% |
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 MGE Energy's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 2.16, MGE Energy's Semi Variance indicates moderate price variability. This places MGE Energy within the typical volatility range for Stock.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 2.16 | |
| 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
MGE Energy's Semi Variance of 2.16 falls below the 3.81 peer average. Values range from 2.12 (Otter Tail) to 8.63 (Excelerate Energy), with wide dispersion across the group. MGE Energy 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 MGE Energy 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
2.16 and Maximum Drawdown at
5.55 , MGE Energy shows a
2.56 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Semi Variance for MGE Energy.
Methodology, Assumptions & Data Sources
MGE Energy has a current Semi Variance reading of 2.16. MGE Energy'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. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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