Natural Grocers Downside Variance
| NGVC Stock | | | USD 25.32 -0.19 -0.74% |
The Downside Variance indicator for Natural Grocers is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. The
Equity Screeners module supports multi-indicator technical analysis. Natural Grocers has a market cap of 730.4 M, operating margin of 4.74%, ROE of 23.58%. See
Correlation Analysis for portfolio-level analysis. Portfolio positioning is summarized for reference. This includes a position in Natural Grocers by. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in small area income & poverty estimates.
Natural Grocers by has current Downside Variance of 4.16. 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) |
| = | 4.16 | |
| 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
Natural Grocers by holds the
#4 position for downside variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Downside Variance ratio near
2.39 . The Maximum Drawdown to Downside Variance ratio for Natural Grocers by comes in at
2.39 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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