Reinsurance Group Semi Variance
| RGA Stock | | | USD 210.60 -2.21 -1.04% |
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 Reinsurance Group's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
The Semi Variance of 1.98 for Reinsurance Group indicates moderate price variability. This places Reinsurance Group within the typical volatility range for Reinsurance.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 1.98 | |
| 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
Among sector peers, Reinsurance Group's Semi Variance of 1.98 is below the 2.4 group average. The range runs from 1.04 (Everest Group) to 4.53 (Assurant). Reinsurance Group 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 Reinsurance Group 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.
Reinsurance Group's Maximum Drawdown of
12.66 runs about
6.38 times its Semi Variance of
1.98 . This indicates Maximum Drawdown substantially exceeds Semi Variance for Reinsurance Group.
Methodology, Assumptions & Data Sources
Reinsurance Group's Semi Variance currently stands at 1.98. Semi Variance for Reinsurance Group 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. Reinsurance Group operates in the financial services 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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