Apple Downside Variance

AAPL -  USA Stock  

USD 160.24  3.43  2.19%

Apple downside-variance 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 Variance of 2.13. 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)2 
N(ER) 
 = 
2.13
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

Apple Downside Variance Peers Comparison

Apple Downside Variance Relative To Other Indicators

Apple Inc is rated fifth in downside variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  2.99  of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for Apple Inc is roughly  2.99 
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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