Ponce Financial Downside Variance
| PDLB Stock | | | USD 16.45 -0.01 -0.06% |
Reference data associated with the Downside Variance technical indicator for Ponce Financial Group. Coverage may vary depending on data feeds and normalization methods.
Ponce Financial Group has current Downside Variance of 1.74. 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) |
| = | 1.74 | |
| 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
Ponce Financial Group is rated
fifth in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
3.90 of Maximum Drawdown per Downside Variance. At
3.90 , Ponce Financial Group's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
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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