ASM International Downside Variance
| ASMXF Stock | | | USD 782.44 5.77 0.74% |
The Downside Variance indicator for ASM International NV is derived from observed market data. The dataset is based on observed market activity where data is available. ASM International has a market cap of 17.34 B, operating margin of 25.96%, current ratio of 2.74. Portfolio-level context is available through
Trending Equities. ASM International NV can be included in a portfolio to evaluate diversification impact. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence ASM International NV's company valuation — related indicators include
signals in services.
ASM International NV has current Downside Variance of 12.1. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 12.1 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
ASM International NV ranks
third among pink sheets in downside variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.44 Maximum Drawdown per unit of Downside Variance. ASM International NV carries a
1.44 x Maximum Drawdown-to-Downside Variance ratio
Downside Variance is 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 individual decision-making under.
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