Apple Downside Deviation

AAPL -  USA Stock  

USD 171.18  5.86  3.54%

Apple downside-deviation technical analysis lookup allows you to check this and other technical indicators for Apple Inc or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools

Apple Technical Indicator 

 
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Apple Inc has current Downside Deviation of 1.44. 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) 
 = 
1.44
SQRT = Square root notation
DV =   Downside Variance of returns over selected period

Apple Downside Deviation Peers Comparison

Apple Downside Deviation Relative To Other Indicators

Apple Inc is rated fifth in downside deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  4.18  of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Apple Inc is roughly  4.18 
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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