Wallbridge Mining Downside Deviation
| WM Stock | | | CAD 0.09 -0.01 -5.56% |
The Downside Deviation lookup presents technical context for Wallbridge Mining and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Wallbridge Mining has a market cap of 103.71 M, ROE of -3.76%.
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Wallbridge Mining has current Downside Deviation of 8.99. 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) |
| = | 8.99 | |
Wallbridge Mining Downside Deviation Peers Comparison
Wallbridge Downside Deviation Relative To Other Indicators
Wallbridge Mining takes the leading position in downside deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
3.59 in Maximum Drawdown for each unit of Downside Deviation. The spread between Maximum Drawdown and Downside Deviation for Wallbridge Mining sits at
3.59 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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