Quipt Home Downside Deviation
| QIPT Stock | | | 5.00 0.03 0.60% |
This technical indicator view for Downside Deviation organizes signals for Quipt Home Medical and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Quipt Home has a market cap of 220.1 M, operating margin of 1.54%, ROE of -9.31%. See
Your Equity Center for portfolio-level analysis. This suggests a position in Quipt Home Medical inside the allocation 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.
Quipt Home Medical has current Downside Deviation of 0.5388. 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) |
| = | 0.5388 | |
Quipt Home Downside Deviation Peers Comparison
Quipt Downside Deviation Relative To Other Indicators
Quipt Home Medical lands at
#3 in downside deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
57.52 in Maximum Drawdown for each unit of Downside Deviation. The spread between Maximum Drawdown and Downside Deviation for Quipt Home Medical sits at
57.52 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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