Perpetua Resources Downside Variance
| PPTA Stock | | | CAD 42.60 1.77 4.34% |
This technical indicator view for Downside Variance organizes signals for Perpetua Resources Corp and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Perpetua Resources has a market cap of 5.08 B, ROE of -14.54%. Use
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Perpetua Resources Corp has current Downside Variance of 26.92. 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) |
| = | 26.92 | |
| 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 |
Perpetua Resources Downside Variance Peers Comparison
Perpetua Downside Variance Relative To Other Indicators
Perpetua Resources Corp lands at
#4 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.11 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Perpetua Resources Corp sits at
1.11 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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