VNET Group Downside Variance
| VNET Stock | | | USD 8.97 0.15 1.70% |
This module presents the Downside Variance indicator for VNET Group DRC using available market inputs. Exchange-specific data schedules may affect the recency of readings. VNET Group has a market cap of 2.37 B, operating margin of 5.69%, current ratio of 1.26. Allocation context is available in
World Market Map. VNET Group DRC can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence VNET Group DRC's company valuation — related indicators include
signals in median.
VNET Group DRC has current Downside Variance of 19.22. 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) |
| = | 19.22 | |
| 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
VNET Group DRC earns the top ranking in downside variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.25 of Maximum Drawdown per Downside Variance. For VNET Group DRC, Maximum Drawdown stands at
1.25 times Downside Variance
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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