Pason Systems Downside Variance
| PSI Stock | | | CAD 12.65 -0.13 -1.02% |
The Downside Variance technical lookup provides context for Pason Systems and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Pason Systems has a market cap of 982.28 M, operating margin of 18.77%, ROE of 10.66%. Review
Your Equity Center for broader portfolio context. This reflects a position in Pason Systems within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Pason Systems has current Downside Variance of 2.89. 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) |
| = | 2.89 | |
| 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 |
Pason Systems Downside Variance Peers Comparison
Pason Downside Variance Relative To Other Indicators
Pason Systems is rated
below average in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
2.56 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Pason Systems sits at
2.56 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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