Plaza Retail Semi Variance
| PLZ-UN Stock | | | CAD 4.46 0.02 0.45% |
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 Plaza Retail's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
Plaza Retail registers a Semi Variance of 0.9044, reflecting low price variability. This places Plaza Retail at the lower end of the volatility range for Retail REITs.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.9044 | |
| 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
Plaza Retail's Semi Variance of 0.9044 falls below the 1.07 peer average. Values range from 0.0147 (Minto Apartment Real) to 3.63 (Wall Financial), with wide dispersion across the group. Plaza Retail 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 Plaza Retail 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.
Plaza Retail's Maximum Drawdown of
6.75 runs about
7.46 times its Semi Variance of
0.90 . This indicates Maximum Drawdown substantially exceeds Semi Variance for Plaza Retail.
Methodology, Assumptions & Data Sources
Plaza Retail's Semi Variance currently stands at 0.9044. The Semi Variance for Plaza Retail is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Plaza Retail operates in the real estate sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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