TWC Enterprises Downside Variance
| TWC Stock | | | CAD 23.34 -0.03 -0.13% |
The Downside Variance indicator for TWC Enterprises is constructed from normalized market data. All inputs reflect available trading data across supported markets. TWC Enterprises has a market cap of 564.83 M, operating margin of -17.63%, ROE of 9.36%. See
World Market Map for portfolio-level analysis. Portfolio positioning is summarized for reference. Position-level data supports the allocation summary. The portfolio reflects a holding in TWC Enterprises. The weighting is visible within the allocation breakdown. 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.
TWC Enterprises has current Downside Variance of 2.59. 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) |
| = | 2.59 | |
| 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
TWC Enterprises lands at
#3 in downside variance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.34 in Maximum Drawdown for each unit of Downside Variance. The spread between Maximum Drawdown and Downside Variance for TWC Enterprises sits at
3.34 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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