Diversified Royalty Downside Variance
| DIV Stock | | | CAD 3.95 -0.02 -0.50% |
This technical indicator view for Downside Variance organizes signals for Diversified Royalty Corp and comparable instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Diversified Royalty has a market cap of 674.44 M, operating margin of 88.18%, ROE of 10.28%.
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Diversified Royalty Corp has current Downside Variance of 1.08. 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) |
| = | 1.08 | |
| 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 |
Diversified Royalty Downside Variance Peers Comparison
Diversified Downside Variance Relative To Other Indicators
Diversified Royalty Corp is rated
below average in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
4.59 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Diversified Royalty Corp sits at
4.59 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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