Scout Gaming Downside Deviation
| SCOUT Stock | | | SEK 0.13 0.01 8.33% |
Observed values used to calculate the Downside Deviation technical indicator for Scout Gaming Group. Additional screening context is available through
Equity Screeners.
Scout Gaming Group has current Downside Deviation of 9.99. 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) |
| = | 9.99 | |
Scout Gaming Downside Deviation Peers Comparison
Scout Downside Deviation Relative To Other Indicators
Scout Gaming Group maintains a
second standing in downside deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.68 of Maximum Drawdown per Downside Deviation. For Scout Gaming Group, Maximum Drawdown stands at
3.68 times Downside Deviation
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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