Ping An Downside Variance
| PASW Stock | | | 0.14 -0.01 -6.67% |
The Downside Variance reading for Ping An Biomedical is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Broader indicator relationships are reflected within
Equity Screeners. Ping An has a market cap of 17.18 M, operating margin of -69.64%, ROE of -67.43%. See
Your Equity Center for portfolio-level analysis. Allocation data is presented for contextual reference. Portfolio metrics are derived from available position data. This overview is based on available data and does not express a directional view. This reflects a position in Ping An Biomedical. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Ping An Biomedical 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 |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Ping An Biomedical is rated
below average for downside variance across the peer group. It is currently under evaluation for maximum drawdown across the peer group .
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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