Orbit Garant Downside Deviation
| OGD Stock | | | CAD 1.78 -0.03 -1.66% |
The Downside Deviation profile for Orbit Garant Drilling is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. Orbit Garant has a market cap of 67.53 M, operating margin of 4.09%, ROE of 8.56%. See
Your Equity Center for additional portfolio context. The allocation summary reflects available position data. The allocation includes a position in Orbit Garant Drilling. It is distributed across the allocation. 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.
Orbit Garant Drilling has current Downside Deviation of 3.12. 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) |
| = | 3.12 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Orbit Garant Drilling is rated
below average in downside deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
6.16 in Maximum Drawdown for each unit of Downside Deviation. The spread between Maximum Drawdown and Downside Deviation for Orbit Garant Drilling sits at
6.16 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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