CSG Systems Downside Variance
| CSGS Stock | | | USD 79.51 -0.07 -0.09% |
Reference data associated with the Downside Variance technical indicator for CSG Systems International. Indicator values reflect available price and volume data where applicable.
CSG Systems International has current Downside Variance of 0.0377. 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) |
| = | 0.0377 | |
| 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
CSG Systems International maintains a
third standing in downside variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
88.44 of Maximum Drawdown per Downside Variance. For CSG Systems International, Maximum Drawdown stands at
88.44 times Downside Variance
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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