Forbo Holding Downside Deviation
| FORN Stock | | | CHF 721.00 -8.00 -1.10% |
Reference data associated with the Downside Deviation technical indicator for Forbo Holding AG. Certain instruments may report limited data depending on market coverage.
Forbo Holding AG has current Downside Deviation of 0. 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) |
| = | 0 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Forbo Holding AG is rated
below average for downside deviation across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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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