Discover Financial Downside Variance
| DFSDelisted Stock | | | USD 200.05 -0.50 -0.25% |
This module presents the Downside Variance indicator for Discover Financial Services using available market inputs. Exchange-specific data schedules may affect the recency of readings. Discover Financial has a market cap of 50.34 B, operating margin of 48.02%, current ratio of 1.24. Review
Investing Opportunities for broader portfolio context. Broader economic conditions can influence Discover Financial Services's company valuation — related indicators include
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Discover Financial Services has current Downside Variance of 13.9. 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) |
| = | 13.9 | |
| 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
Discover Financial Services earns the top ranking in downside variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.61 of Maximum Drawdown per Downside Variance. For Discover Financial Services, Maximum Drawdown stands at
1.61 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.
Other Technical Indicators