PrairieSky Royalty Downside Deviation
| PSK Stock | | | CAD 31.70 0.15 0.48% |
The Downside Deviation technical lookup provides context for PrairieSky Royalty and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. PrairieSky Royalty has a market cap of 7.38 B, operating margin of 59.6%, ROE of 7.76%. Review
Your Equity Center for broader portfolio context. This reflects a position in PrairieSky Royalty across the allocation. 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.
PrairieSky Royalty has current Downside Deviation of 1.66. 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) |
| = | 1.66 | |
PrairieSky Royalty Downside Deviation Peers Comparison
PrairieSky Downside Deviation Relative To Other Indicators
PrairieSky Royalty lands at
#5 in downside deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.75 in Maximum Drawdown for each unit of Downside Deviation. The spread between Maximum Drawdown and Downside Deviation for PrairieSky Royalty sits at
3.75 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.
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