MDA Downside Deviation
| MDA Stock | | | CAD 44.47 2.42 5.76% |
MDA downside deviation lookup summarizes this and related technical indicators for MDA. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. MDA has market cap of 5.62 B, P/E of 25.26, operating margin of 7.53%. Use
Correlation Analysis to explore allocation context. This includes a position in MDA within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
MDA has current Downside Deviation of 2.91. 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) |
| = | 2.91 | |
MDA Downside Deviation Peers Comparison
MDA Downside Deviation Relative To Other Indicators
MDA holds the number one position in downside deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
7.07 of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for MDA is roughly
7.07 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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