Satellos Bioscience Downside Variance
| MSCL Stock | | | 10.24 0.30 3.02% |
Reference data associated with the Downside Variance technical indicator for Satellos Bioscience. Values may reflect normalized price or volume observations.
Satellos Bioscience has current Downside Variance of 37.61. 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) |
| = | 37.61 | |
| 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
Satellos Bioscience lands at
#2 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
0.87 in Maximum Drawdown for each unit of Downside Variance. The spread between Downside Variance and Maximum Drawdown for Satellos Bioscience sits at
1.15 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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