Carriage Services Downside Variance
| CSV Stock | | | USD 41.65 -0.45 -1.07% |
Technical inputs supporting the Downside Variance indicator for Carriage Services are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. Carriage Services has a market cap of 656.04 M, operating margin of 22.92%, ROE of 22.23%. Use
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Carriage Services has current Downside Variance of 0. 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 | |
| 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
Carriage Services is rated
below average for downside variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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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