AF Gruppen Downside Deviation vs. Total Risk Alpha
| AFG Stock | | | NOK 180.80 -0.80 -0.44% |
AF Gruppen this indicator lookup summarizes this and related technical indicators for AF Gruppen ASA. Coverage depends on data availability and normalization;
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AF Gruppen ASA has current Downside Deviation of 1.27. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 1.27 | |
AF Gruppen Downside Deviation Peers Comparison
AFG Downside Deviation Relative To Other Indicators
AF Gruppen ASA is rated
below average. in downside deviation category among its top competitors. It is currently under evaluation. in total risk alpha category among its top competitors reporting about
0.03 of Total Risk Alpha per Downside Deviation. The ratio of Downside Deviation to Total Risk Alpha for AF Gruppen ASA is roughly
37.20 It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
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