QBE Insurance Semi Variance
| QBE Stock | | | 22.42 -0.11 -0.49% |
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 QBE Insurance's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
QBE Insurance's Semi Variance of 0.6763 reflects low price variability. This places QBE Insurance at the lower end of the volatility range for Property & Casualty Insurance.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.6763 | |
| 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
QBE Insurance falls below the 10.53 peer average for Semi Variance. Metals Australia leads at 12.2 while Metro Mining registers the lowest at 8.41. QBE Insurance 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 QBE Insurance 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 (
0.68 ) to Maximum Drawdown (
9.15 ) for QBE Insurance yields a
13.53 multiple. This indicates Maximum Drawdown substantially exceeds Semi Variance for QBE Insurance.
Methodology, Assumptions & Data Sources
QBE Insurance has a current Semi Variance reading of 0.6763. The Semi Variance for QBE Insurance applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. QBE Insurance operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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