COMSovereign Holding Downside Variance
| COMS Stock | | | USD 0.0016 0.00 0.00% |
Technical inputs supporting the Downside Variance indicator for COMSovereign Holding Corp are shown here. Values are derived from historical price and volume observations. COMSovereign Holding has a market cap of 1.63 M, operating margin of -4.04%, ROE of -4.85%. Review
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COMSovereign Holding Corp has current Downside Variance of 2007.46. 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) |
| = | 2007.46 | |
| 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
COMSovereign Holding Corp earns the top ranking in downside variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
0.75 of Maximum Drawdown per Downside Variance. For COMSovereign Holding Corp, Downside Variance stands at
1.33 times Maximum Drawdown
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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