Protalix Biotherapeutics Downside Variance
| PLX Stock | | | USD 2.83 0.04 1.43% |
The Downside Variance technical lookup provides context for Protalix Biotherapeutics and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Protalix Biotherapeutics has a market cap of 224.38 M, operating margin of 11.94%, ROE of 12.64%. Review
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Protalix Biotherapeutics has current Downside Variance of 9.71. 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) |
| = | 9.71 | |
| 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 |
Protalix Biotherapeutics Downside Variance Peers Comparison
Protalix Downside Variance Relative To Other Indicators
Protalix Biotherapeutics is rated
below average in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
2.02 of Maximum Drawdown per Downside Variance. At
2.02 , Protalix Biotherapeutics'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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