Meritage Homes downside-deviation technical analysis lookup allows you to check this and other technical indicators for Meritage Homes Corporation 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
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Meritage Homes Corporation has current Downside Deviation of 1.42. 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 downside risk is the annualized standard deviation of returns below the target.
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Downside Deviation Comparison
Meritage Homes Corporation is rated below average
in downside deviation category among related companies. It is regarded second
in maximum drawdown category among related companies reporting about 15.21
of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Meritage Homes Corporation is roughly 15.21
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.