LINKBANCORP Downside Variance
| LNKB Stock | | | USD 8.21 0.07 0.86% |
Historical market data for LINKBANCORP forms the basis of the Downside Variance indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Related indicator context is organized within
Equity Screeners. LINKBANCORP has a market cap of 304.91 M, operating margin of 24.98%, ROE of 11.42%. Use
Correlation Analysis to view allocation positioning. Current allocation data is available for review. The summary draws on available position and value data. The dataset reflects available inputs without directional implication. The allocation shows a weighting toward LINKBANCORP. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Discover how to invest in LINKBANCORP Stock by reading our
How to Buy LINKBANCORP Stock guide.
LINKBANCORP has current Downside Variance of 3.49. 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) |
| = | 3.49 | |
| 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
LINKBANCORP is rated
third in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.46 of Maximum Drawdown per Downside Variance. At
2.46 , LINKBANCORP's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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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