Sabine Royalty Semi Variance
| SBR Stock | | | USD 75.81 -0.18 -0.24% |
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 Sabine Royalty's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
A Semi Variance of 2.14 for Sabine Royalty signals moderate price variability. This places Sabine Royalty within the typical volatility range for Oil & Gas Exploration & Production.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 2.14 | |
| 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
Sabine Royalty's Semi Variance of 2.14 falls below the 14.4 peer average. Values range from 1.68 (Cross Timbers Royalty) to 51.91 (MV Oil Trust), with wide dispersion across the group. Sabine Royalty 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 Sabine Royalty 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.
Sabine Royalty's Semi Variance reads
2.14 while Maximum Drawdown reads
6.16 , a
2.87 ratio between the two. This indicates Maximum Drawdown is significantly higher than Semi Variance for Sabine Royalty.
Methodology, Assumptions & Data Sources
Sabine Royalty has a current Semi Variance reading of 2.14. Semi Variance for Sabine Royalty is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Sabine Royalty operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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