Cielo Waste Downside Variance
| CWSFF Pink Sheet | | | USD 0.04 -0.0024 -5.07% |
Observed values used in the Downside Variance indicator for Cielo Waste Solutions are included in this dataset. The information is based on observed market data across timeframes. Cielo Waste has a market cap of 44.85 M, current ratio of 14.72. See
Trending Equities for additional portfolio context. Portfolio analysis tools can evaluate how Cielo Waste Solutions fits within a broader allocation. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Cielo Waste Solutions's company valuation — related indicators include
signals in price.
Cielo Waste Solutions has current Downside Variance of 128.2. 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) |
| = | 128.2 | |
| 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
Cielo Waste Solutions ranks
third among pink sheets in downside variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
0.69 Maximum Drawdown per unit of Downside Variance. Cielo Waste Solutions carries a
1.44 x Downside Variance-to-Maximum Drawdown ratio
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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