Pirelli C Downside Variance
| PLLIF Stock | | | USD 6.03 -0.33 -5.19% |
Technical inputs supporting the Downside Variance indicator for Pirelli C SpA are shown here. Cross-instrument Downside Variance comparisons are available via
Equity Screeners. Pirelli C has a market cap of 5.45 B, operating margin of 11.85%, current ratio of 1.18. Allocation context is available in
Your Equity Center. Pirelli C SpA can be tracked within a custom portfolio for ongoing monitoring. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Pirelli C SpA's otc stock valuation — related indicators include
signals in gross domestic product.
Pirelli C SpA 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
Pirelli C SpA is rated
below average in downside variance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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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