Canadian Utilities Downside Deviation
| CU Stock | | | CAD 48.27 0.10 0.21% |
The Downside Deviation lookup presents technical context for Canadian Utilities Limited and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Canadian Utilities has a market cap of 13.14 B, operating margin of 26.47%, ROE of 1.9%.
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Canadian Utilities Limited has current Downside Deviation of 0.9432. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 0.9432 | |
Canadian Utilities Downside Deviation Peers Comparison
Canadian Downside Deviation Relative To Other Indicators
Canadian Utilities Limited is rated
below average. in downside deviation category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
5.21 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Canadian Utilities Limited is roughly
5.21 It is the square root of 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 most private investors.
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