Apple Downside Variance

Apple Inc -- USA Stock  

USD 178.02  0.63  0.35%

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Apple Inc has current Downside Variance of 0.6263. 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 =   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 Comparison

Apple Inc is rated below average in downside variance category among related companies. It is rated second in maximum drawdown category among related companies reporting about  8.16  of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for Apple Inc is roughly  8.16 
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.
Compare Apple to competition
Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses and education, enterprise, and government customers worldwide. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Apple operates under Electronic Equipment classification in USA and traded on NASDAQ. It employs 100000 people. more
NameApple Inc
CEO, DirectorTim CookView All
Thematic Classifications
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock View All
RegionNorth America
CIK Number00320193.0
CurrencyUSD - US Dollar