Star Diamond Downside Deviation
| DIAM Stock | | | CAD 0.04 -0.01 -12.50% |
This technical indicator view for Downside Deviation organizes signals for Star Diamond Corp and comparable instruments. Data availability can vary by region and feed;
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Star Diamond Corp has current Downside Deviation of 26.73. 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) |
| = | 26.73 | |
Star Diamond Downside Deviation Peers Comparison
Star Downside Deviation Relative To Other Indicators
Star Diamond Corp is positioned as one of the top stocks in downside deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
2.18 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Star Diamond Corp is roughly
2.18 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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