Candles Scandinavia Downside Variance
| CANDLE-B | | | 33.70 -0.80 -2.32% |
Reference data associated with the Downside Variance technical indicator for Candles Scandinavia AB. Some instruments may provide partial coverage depending on trading history.
Candles Scandinavia AB has current Downside Variance of 11.5. 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) |
| = | 11.5 | |
| 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 |
Candles Scandinavia Downside Variance Peers Comparison
Candles Downside Variance Relative To Other Indicators
Candles Scandinavia AB is rated
fourth in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
3.20 of Maximum Drawdown per Downside Variance. At
3.20 , Candles Scandinavia AB'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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.