Brookfield Renewable Downside Variance
| BEP-PM Preferred Stock | | | CAD 25.67 -0.01 -0.04% |
The Downside Variance lookup presents technical context for Brookfield Renewable Partners and related instruments. Coverage depends on data availability and normalization;
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Brookfield Renewable Partners has current Downside Variance of 0.1328. 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) |
| = | 0.1328 | |
| 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 |
Brookfield Renewable Downside Variance Peers Comparison
Brookfield Downside Variance Relative To Other Indicators
Brookfield Renewable Partners is rated
below average in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
12.51 of Maximum Drawdown per Downside Variance. At
12.51 , Brookfield Renewable Partners's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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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