AuAg Gold Downside Variance
Observed values used to calculate the Downside Variance technical indicator for AuAg Gold Mining. Coverage may vary depending on data feeds and normalization methods.
AuAg Gold Mining has current Downside Variance of 0. 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) |
| = | 0 | |
| 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 |
AuAg Gold Downside Variance Peers Comparison
AuAg Downside Variance Relative To Other Indicators
AuAg Gold Mining is rated
below average for downside variance relative to ETF peers. It is rated
below average for maximum drawdown relative to ETF peers .
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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