Navitas Semiconductor Semi Variance
| NVTS Stock | | | USD 17.50 -0.05 -0.28% |
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 Navitas Semiconductor's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
A Semi Variance of 28.76 for Navitas Semiconductor signals elevated price variability. This places Navitas Semiconductor toward the higher end of the volatility range for Stock.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 28.76 | |
| 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
Navitas Semiconductor's Semi Variance of 28.76 falls above the 15.94 peer average. Values range from 3.12 (Grindr Inc) to 44.05 (Applied Opt), with wide dispersion across the group. Navitas Semiconductor 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 Navitas Semiconductor 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 (
28.76 ) to Maximum Drawdown (
42.26 ) for Navitas Semiconductor yields a
1.47 multiple. This indicates Maximum Drawdown moderately exceeds Semi Variance for Navitas Semiconductor.
Methodology, Assumptions & Data Sources
The current Semi Variance for Navitas Semiconductor is 28.76. Navitas Semiconductor'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. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators