Ubiquiti Networks Downside Variance
| UI Stock | | | USD 784.88 -3.64 -0.46% |
Observed values used to calculate the Downside Variance technical indicator for Ubiquiti Networks. Values may reflect normalized price or volume observations.
Ubiquiti Networks has current Downside Variance of 5.61. 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) |
| = | 5.61 | |
| 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
Ubiquiti Networks places
fourth for downside variance among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
3.39 in Maximum Drawdown for every unit of Downside Variance. Maximum Drawdown outpaces Downside Variance by
3.39 times for Ubiquiti Networks
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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