Steel Partners Downside Variance
| SPLPDelisted Stock | | | USD 50.00 -0.10 -0.20% |
The Downside Variance indicator for Steel Partners Holdings is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Steel Partners has a market cap of 679.85 M, operating margin of 13.41%, ROE of 24.9%. Review
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Steel Partners Holdings has current Downside Variance of 18.07. 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) |
| = | 18.07 | |
| 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
Steel Partners Holdings outranks all peers for downside variance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.48 against Downside Variance. Maximum Drawdown runs about
1.48 times Downside Variance for Steel Partners Holdings
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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