Monro Muffler Downside Variance
| MNRO Stock | | | USD 15.31 -0.15 -0.97% |
Observed values used to calculate the Downside Variance technical indicator for Monro Muffler Brake. Indicator values reflect available price and volume data where applicable.
Monro Muffler Brake 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 |
Monro Muffler Downside Variance Peers Comparison
Monro Downside Variance Relative To Other Indicators
Monro Muffler Brake is rated
below average in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
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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