Rayonier Advanced Downside Variance
| RYAM Stock | | | USD 10.81 -0.41 -3.65% |
Observed values used in the Downside Variance indicator for Rayonier Advanced Materials are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Rayonier Advanced has a market cap of 734.38 M, operating margin of 2.89%, current ratio of 1.85. See
Your Equity Center for additional portfolio context. Tracking Rayonier Advanced Materials in a portfolio helps measure its contribution to overall performance. Position sizing depends on the allocation methodology selected for the portfolio. Broader economic conditions can influence Rayonier Advanced Materials's company valuation — related indicators include
signals in nation.
Rayonier Advanced Materials has current Downside Variance of 13.02. 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) |
| = | 13.02 | |
| 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 |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Rayonier Advanced Materials lands at
#3 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.80 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for Rayonier Advanced Materials sits at
3.80 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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