PERMANENT PORTFOLIO Downside Deviation
| PRPFX Fund | | | USD 77.70 -0.70 -0.89% |
Observed values used in the Downside Deviation indicator for Permanent Portfolio Class are included in this dataset. The underlying data comes from exchange-reported trading records. Market data gaps can influence the computed indicator values.
Your Equity Center provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. A position in Permanent Portfolio Class is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. The information is presented without directional commentary. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in price.
Permanent Portfolio Class has current Downside Deviation of 1.7. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 1.7 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Permanent Portfolio Class ranks first in downside deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.66 of Maximum Drawdown per Downside Deviation. At
4.66 , Permanent Portfolio Class's Maximum Drawdown-to-Downside Deviation multiple reflects the spread between these metrics
It is the square root of 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 most private investors.
Compare PERMANENT PORTFOLIO to Peers
Other Technical Indicators