Pembina Pipeline Downside Variance
| PPL-PA Preferred Stock | | | CAD 24.99 -0.02 -0.08% |
The Downside Variance indicator for Pembina Pipeline Corp is derived from observed market data. The dataset is based on observed market activity where data is available. Pembina Pipeline has a market cap of 34.86 B, operating margin of 36.06%. See
Your Equity Center for portfolio-level analysis. Pembina Pipeline Corp can be added to a watchlist or portfolio for position tracking. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Pembina Pipeline Corp's company valuation — related indicators include
signals in employment.
Pembina Pipeline Corp has current Downside Variance of 0.0841. 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) |
| = | 0.0841 | |
| 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
Pembina Pipeline Corp is rated
below average in downside variance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
16.81 of Maximum Drawdown per Downside Variance. At
16.81 , Pembina Pipeline Corp'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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